Right, you think it's debatable that QE affects house prices, QE= sending IR to 0%? anyway, call it a third of people own their house outright, those people do not set house prices. I keep it simple, the cost of money WILL bring prices down as the ...

BOE Gov. Bailey: It is important to return UK inflation to target

It is more complex than the average that's why I keep it simple, Without QE, leverage simply couldn't go that high a ratio. QE is a wealth transference in the extreme. From cash to asset. Fewer houses sold means fewer houses affecting ...

BOE Gov. Bailey: It is important to return UK inflation to target

on the demand side 2023

BOE Gov. Bailey: It is important to return UK inflation to target

What about basic maths, you can't go 10x wage with normalised rates, as long as they don't print more money or introduce any crazy scheme, house prices will fall mathematically speaking. It has already been delayed with the 6-month holiday. I would ...

BOE Gov. Bailey: It is important to return UK inflation to target

So, as a trader you understand moving averages,

BOE Gov. Bailey: It is important to return UK inflation to target

Do you really believe house prices are 10x wage because of supply and demand, anyway house sales are way down because the cost of money doubled or tripled

BOE Gov. Bailey: It is important to return UK inflation to target

that land registry data is from latter 2022 6 months from the agreed to sale minimum then only 10% reported in 1-6 months with 45% still left to report after a year point is there's a massive lag in actual data

BOE Gov. Bailey: It is important to return UK inflation to target

don't forget the only real raw data is the land registry which has a massive lag in reporting, when they do it is only 10% of the sales months after that you see full reporting. So from sale to land registry is at least 6 months for 10% of the data. ...

BOE Gov. Bailey: It is important to return UK inflation to target

house price is falling

BOE Gov. Bailey: It is important to return UK inflation to target

wow, now Brexit makes more sense lol

Macron picks Attal, 34, as France's youngest PM

All of the West has problems with its workforce, you don't think fewer workers is bad?

The Employment Situation -- December 2023

here are the working age demographics on a chart, slightly skewed because you start work later and end later in reality

The Employment Situation -- December 2023

First, go back 20Y and see how many births =about 3 million then take deaths in 2023= about 3 million in fact, it's worse than that, because more people are retiring from work than ever, so the workforce isn't growing by 200k a month by a growing ...

The Employment Situation -- December 2023

The money didn't exist before the loan, banks make money out of the interest, and the money disappears when you pay it back. Everything nets to Zero.

UK to Hit 2% Inflation Target by Spring in Upgraded Outlook

I highly doubt they will hit 2% by spring,

UK to Hit 2% Inflation Target by Spring in Upgraded Outlook

banks print loans mate

UK to Hit 2% Inflation Target by Spring in Upgraded Outlook