
Via House price inflation should be capped at 5pc, RICS says – Telegraph, House prices should be prevented from rising by more than 5pc a year to stop another bubble destabilising the economy, a top property institute has urged. For comparison, the UK inflation target is 2%. The RICS story is here. With excessive price growth and high mortgage lending having led to a vulnerable banking sector, specific policy on limiting growth is needed. Such a policy could be implemented […]
Tags: economics, Housing, Ideas, Monetary Policy, Money