Tuesday, March 30, 2010

UK Savers Pay for house price increase in March 2010

House prices increased by 0.7% in March 2010 according to the Nationwide. This figure is seasonally adjusted. The actual increase was 1.98%
You might wonder who is paying for these expensive houses in march? Well it’s you, well done. It’s not the owners as they have very low interest rates and inflation is reducing their debt. Nice for them but someone has to pay for that and fortunately there is you. As long as you don’t complain then things will go on like they are.

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