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OBR notes "genuine demand" is not a bubble....

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    chucky wrote: »
    Is that mortgage rates that plummeted to near zero or was it the Bank of England Bank Lending rate that plummeted to near zero?
    ^^^Bump^^^
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    chucky wrote: »
    Is that mortgage rates that plummeted to near zero or was it the Bank of England Bank Lending rate that plummeted to near zero?

    The 'spread', that is the difference between mortgage rates and the BoE rate was probably at an all time high during peace or pretty close.
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    Wasn't the South Sea Bubble also "genuine demand"? Everybody really wanted a slice of the alleged riches - it's just that there weren't enough to go round.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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