I have been wondering if we’re going to see some high inflation. The target rate of inflation (2%) is barely kept up with in the UK. Since 2008 we’ve seen awfully low interest rates. We’re all complaining of high property prices, perhaps this is where everything else rises and property prices will remain stagnant or lower than inflation and everything else “catches up” to property values?
Usually wages rise during inflation but I think we all know that the majority will come away with the least benefits.
I have been wondering if we’re going to see some high inflation. The target rate of inflation (2%) is barely kept up with in the UK. Since 2008 we’ve seen awfully low interest rates. We’re all complaining of high property prices, perhaps this is where everything else rises and property prices will remain stagnant or lower than inflation and everything else “catches up” to property values?
Usually wages rise during inflation but I think we all know that the majority will come away with the least benefits.