Comments on: Bad News for Homeowners and Economy http://www.mortgageguideuk.co.uk/blog/uk-housing-market/bad-news-for-homeowners-and-economy/ Simplifying Finance, Housing and debt Fri, 10 Feb 2012 11:38:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Marcus Hill http://www.mortgageguideuk.co.uk/blog/uk-housing-market/bad-news-for-homeowners-and-economy/comment-page-1/#comment-1456 Marcus Hill Tue, 17 Jun 2008 11:51:25 +0000 http://www.mortgageguideuk.co.uk/blog/?p=273#comment-1456 I totally agree that increasing interest rates would be a damaging move for the economy. I totally agree that increasing interest rates would be a damaging move for the economy.

]]> By: John http://www.mortgageguideuk.co.uk/blog/uk-housing-market/bad-news-for-homeowners-and-economy/comment-page-1/#comment-1446 John Tue, 10 Jun 2008 13:07:16 +0000 http://www.mortgageguideuk.co.uk/blog/?p=273#comment-1446 I'd agree, hopefully the MPC will leave the interest rate as is and let inflation fall on it's own, otherwise we risk the economy getting even worse. I'm not sure that many people will end up in negative equity though, there was a news item on it not long ago that claimed (with reasonable stats to back it up) that few people would end up in negative equity until prices dropped over 25% (IIRC). I’d agree, hopefully the MPC will leave the interest rate as is and let inflation fall on it’s own, otherwise we risk the economy getting even worse.

I’m not sure that many people will end up in negative equity though, there was a news item on it not long ago that claimed (with reasonable stats to back it up) that few people would end up in negative equity until prices dropped over 25% (IIRC).

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