Brief thought
Nov. 29th, 2010 04:40 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
andrewduckerI wonder if falling house prices are bad for the economy in a way I haven't heard mentioned - because they put people off from moving somewhere for a new job, because they can't sell their property without losing money.
Free-flowing workers are good for an economy, surely having the better-off ones stuck in one place must be bad for it.
Free-flowing workers are good for an economy, surely having the better-off ones stuck in one place must be bad for it.
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no subject
Date: 2010-12-01 10:30 am (UTC)Except that they haven't.
Right now, it's harder than usual to find a room to rent in London at the usual prices. What it looks like is that less people buying means more people renting, right when there are fewer buy-to-let landlords.
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