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Date: Friday, 04. December 2015
Author: Gast
Review:
What\'s the interest rate on this account? vicerex france Peter Spencer, chief economic advisor to the Ernst & Young Item Club has just been allaying some of the concerns raised by the government\'s Help to Buy mortgage scheme. Unlike the Lloyds boss, who warned of a housing bubble, Mr Spencer says \"The housing market is extremely depressed, it\'s just come out of a very large depression.\" He adds that a programme like this will help stimulate the market. \"Builders will not start house construction unless they\'re looking at a vibrant kind of market,\" he says.
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