So, my decision a year ago to stake my life that house prices wouldn’t fall by more than 20% in 2008 appears to have been vindicated. That’s just as well. And I’m still projecting house prices from Jan 2008 – Dec 2012 to outperform the base rate (OK, the base rate cuts have helped with this one…)
What does "outperform the base rate" means in pounds, shillings and pence?
a) £100 with interest added daily at BoE overnight rate vs b) £100 invested in a notional 'average' house. I'm suggesting b will outperform a.
Don't move to Norn Irn John ;-) http://sluggerotoole.com/index.php/weblog/comment…
Blimey, that's even worse than the Republic, despite the fact that half the jobs in NI are funded by the UK taxpayer (rather than the Celtic Tiger bubble).
A bit more than half, I think…..