Rat and Mouse
Fri
17
Sep
The American view

What Good Are Lower U.K. House Prices if Banks Won’t Lend? asks the Wall Street Journal. The blog entry examines RICS and CML bearishness, plus requirements that banks should set aside greater amounts of capital to deal with bad debts, and the forthcoming VAT rise, and wonders who wants to borrow/who wants to lend?

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