In the past few months, inflation in the UK has halved from 10 to 4.7%. In the US it has fallen to 3% but ask an average shopper and they may express scepticism, the cost of living seems to be rising much faster. In 2021 Jordan Peterson tweeted that he believes inflation was 15% rather …
And after a decade long-boom in house prices, the past 12 months have been a real turning point. Real house prices have already fallen 13%, and last month Rightmove reported a £6,000 decline in average asking prices. But some commentators believe the worst is still to come due to higher interest rates and a struggling …
Earlier in the year the UK had record-breaking inflation with both headline and core inflation remaining well above the government’s target and being worse than forecast. As bad news on inflation kept coming the Bank of England increased interest rates 14 times. Finally, in a narrow vote, the Bank paused to halt rate rises. Is …
A list of some modern-day protectionist measures, including tariffs, domestic subsidies to exporters, and non-tariff barriers which restrict imports. Types of Protectionism Tariffs – This is a tax on imports. Quotas – This is a physical limit on the quantity of imports Embargoes – This is a total ban on a good, this may be …
House prices are falling at their fastest rate since 2009. With average prices 5% or £14,600 lower than last year. (Both Halifax and Nationwide reporting similar falls) Whilst Property experts are hoping for a soft landing, the market still has to absorb more bad news with a record fall in mortgage approvals and the impact …
With mortgage rates soaring, and with the most pessimistic forecasts that house prices could fall by up to 35%, does it make sense to wait until after the current housing crisis has eased before buying? There’s no simple answer because it depends why you are buying and where you live. But, the housing market is …
In the past 12 months house prices have fallen 16% in Sweden but have risen 4% in the US Yet both housing markets share similarities of overvalued prices and higher interest rates. Global House Price Crash – Where will Prices Fall?Watch this video on YouTube Why is there such a big difference? After a …
In both 2007 and 1991, house prices fell 20%, will see something similar this year? The really interesting question is whether house prices return to the post-war levels of affordability like after the crashes of 1990 and to a lesser extent 2008. Will The House Price Crash Be Like 1991 and 2008?Watch this video on …