Originally Posted by Morlock:
“As long as the Tories keep pumping up the overinflated housing market, the economy will continue to 'grow fast'.”
“As long as the Tories keep pumping up the overinflated housing market, the economy will continue to 'grow fast'.”
We are heading for a stagnant economy with rising inflation, so the interest rate decisions over the next 2 years could trigger a rash of housing defaults and a major housing crash.
With so many people using their properties for wealth generation, the crash could force the economy into spiral downward.



