CARRY ON CHASING THE DEBT.

Having only recently posted yet another blog regarding increasing property prices, the latest excitement is coming from the British Broadcasting Corporation. In addition, the new head of the Bank of England, Mark Carney, informs us that there is no chance of interest rates going up, meaning that house prices could continue to rise with the availability of cheap money, and not because people are earning more cash. More borrowing from this mythical pot of gold can only create another 'credit bubble'. Meanwhile, we of advanced years continue being starved of that little extra from our savings.


BEGGING BOWLS ARE AT THE READY.