UK house prices: Crash or boom?
- 4 April 2012
This morning has exhibited already one of the themes of this blog and it is the unreliability of many statistics which are used as a basis for judging the economy. Sometimes the unreliability comes in the form of having different measures of the same thing which tell a different story. Only on Monday I discussed measures of both China's manufacturing sector and UK house prices which were telling quite different stories. Well this morning has gone one step better (or perhaps I should say worse…) for the UK housing market. Step forward the Halifax building society!
What did the Halifax report?
- Falling UK real wages cannot be covered up with housing market subsidies forever
- The UK economy gets quite a boost from the official statisticians
- Government to abolish 55% death tax on pensions
- Three stock picks from F&C European Small Cap manager Sam Cosh
- Just one year to go before Britons can get up to £1,300 a year in State Pension top-ups
- Mindful Money's weekly shares watch: Sainsbury’s, Wolseley & Compass
- Osborne's move to abolish 55% tax on inherited pensions: Expert reactions and commentary
- UK property market eases back as new borrowing rules start to bite
- UK supermarket shares: "Things are likely to get worse before they get better"
- How long can France afford its economy to continue stagnating for?