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I wondered if anyone feels the UK has run out of steam as inflation is on the rise. EU rumoured to be raising their rates and BoE probably in October. I have heard several property developers are selling some housing stock because they think we are heading towards the Bust part of the Boom and Bust cycle. Is this long overdue do you think?. Are house prices going to stagnate or decline and will there be a lot of people made redundant?

2006-09-12 02:46:32 · 11 answers · asked by Anonymous in Business & Finance Investing

11 answers

God I hope not......just buying our first house!

2006-09-12 02:52:07 · answer #1 · answered by Gypsie 5 · 0 0

Watch the women's skirt lengths, these are economic indicators. Look at what happened to them in the 1930s, the 60s and the more recent decades, and the states the economy was in at those times.

2006-09-20 01:33:41 · answer #2 · answered by TC 4 · 0 0

Big bust comin me think. Long overdue. Could be widespread civil unrest this time too.

2006-09-12 02:54:43 · answer #3 · answered by Anonymous · 0 0

Nah.....the way that thinngs are going its the people who are heading for it.

What with TB and Labour Party shenanigans.

Start dispensing the Prozac

2006-09-12 02:51:26 · answer #4 · answered by Anonymous · 0 0

Yes. It is due to the 600,000 to one million immigrants from East Europe who came over here in the past year or so. I have already noticed a drop in wages in my sector.

2006-09-12 02:55:13 · answer #5 · answered by Anonymous · 1 1

Don't remember getting out of the last one.

2006-09-12 02:56:49 · answer #6 · answered by CPK 2 · 0 0

Well my workload has certainly dropped off in the last few month.

2006-09-12 02:52:22 · answer #7 · answered by havanadig 6 · 0 0

No. Britain is currently enjoying a "Goldilocks economy": not too hot and not too cold

2006-09-12 03:40:04 · answer #8 · answered by Anonymous · 0 0

Na, we're alright!

2006-09-15 00:42:28 · answer #9 · answered by scallywag 4 · 0 0

not only the UK...the whole world, maybe except China...

2006-09-20 02:30:43 · answer #10 · answered by KingRichard 6 · 0 0

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