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Economics discussion anyone? watch

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    PLEASE, at least if im on the ukl all day, help me do some revision. Just ask anything economics, Im sure we can all have a good chat and actually get some revision done?!
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    (Original post by Leeroy)
    PLEASE, at least if im on the ukl all day, help me do some revision. Just ask anything economics, Im sure we can all have a good chat and actually get some revision done?!
    Is the bank of englands recent rate rise going to help stablise borrowing and the housing market?
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    (Original post by Fry)
    Is the bank of englands recent rate rise going to help stablise borrowing and the housing market?
    Economic theory would suggest that an interest rate rise will encourage consumers to save more and borrow less, but the housing market in particular is pretty vigorous at the minute, I doubt the rise will be enough to have any real impact
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    (Original post by Leeroy)
    Economic theory would suggest that an interest rate rise will encourage consumers to save more and borrow less, but the housing market in particular is pretty vigorous at the minute, I doubt the rise will be enough to have any real impact

    I'd pretty much agree, over the next few months it may have more of a impact.
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    yeh, especially after big mervin sayin that the housing market should slow down
 
 
 
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