Investment News - Road to recovery?
I'm blown away by the number of articles on house prices this week and ask 'Are prices really rising or is it just lack of supply?' There's definitely a rise and it's helping to boost confidence, but be warned the economy maybe subdued due to mortgage availability. Which road to recovery are we on?
Property news update:
Should the FSA quit before they're forced to leave? It seems they are doing everything they can to slow down the economy. Banks are told to keep large reserves to satisfy the new FSA policy. What this means to you is a lack of funds for lending. Not great when you should be making money from low house prices.
And recovery, is it a V or a W? Find out what's confusing the economists and why they would rather sit on the fence.
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