Rat and Mouse
Fri
07
May
HIPs... zombies that just won't die

They cling to life like their starring in a horror movie. And - more importantly - so do HIPs providers. Their last hope... a Labour-LibDem alliance, with the LibDems "conceding" on the (relatively trivial) Home Information Pack, in return for more important policy influence. For the housing market in general, I believe it's possible to only speculate. Political uncertainty is said to result in a wait-and-see approach to moving house and taking on greater debt. So a slower property market's a distinct possibility. Most interesting will be the combined effect of the current political confusion and the wider economic emergency. Would a lack of faith in the UK's ability to make decisions make borrowing harder for the Government and bring on those so-called "austerity measures"... and their effects on jobs (and house prices)? An interesting weekend awaits...

Technorati Tags: ,

Comments

It's interesting to see how there is a weak housing market in many nations across the globe. Our government (US) is having a heck of a time trying to fix it here as well.

http://www.thebetterbrokers.com/blog

Posted by Portland Real Estate at May 7, 2010 6:32 PM


Please feel free to comment on this entry







 


POSTCODES
THANKS TO
ENTRIES BY MONTH
ABOUT
UK PROPERTY RESOURCES
US / INTERNATIONAL PROPERTY BLOGS
LONDON BLOGS
CREDITS
Publisher Editor Technical and Design Hosting Software