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Monday, 12th May 2008

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Bill Jamieson - Nearly a million face the spectre of negative equity



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BETWEEN the lines


A FLURRY of voluminous underskirt followed by the sound of gushing water: not for nothing is the Bank of England known as the Old Lady of Threadneedle Street. Yesterday's £50 billion under the new Special Liquidity Scheme is quite a gush. It is...



The full article contains 808 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 21 April 2008 8:56 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Bill Jamieson
 
1

Evan Owen,

Snowdonia 22/04/2008 09:54:28
"The two oft-quoted ripostes to concerns over sustained house price falls – high employment and housing scarcity – are being disproved. As in America, Spain and Ireland, house price declines are likely to be followed by rising unemployment as spending weakens – not the other way round."

Has the penny finally dropped?

 

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