Tiptv Business

Shaun Richards from Not A Yes Man Economics joins Tip TV’s Zak Mir and BGC Partners Strategist, Mike Ingram, for a discussion on UK’s dysfunctional housing market, potential bubble burst, the impact on the UK economy and the BOE response. “If the housing prices start falling at a faster rate, BOE’s Haldane and Vlieghe would be the first to vote for a rate cut”, says Richards. Listen to the full segment for more info on- Drop in the property prices in central London BOE’s intervention in the mortgage rates Why believing that housing prices will never fall is a bad idea #UK, #economy, #macro, #fundamentals, #housing, #BOE, #centralbanks, #interestrate, #investing