Recession....

[Northern Red]

Shares are falling fast, house prices are too high, interest rates are rising....

Anyone else want to jump on the recession bandwagon?

In seriousness, is it going to happen or not?

Personally I'm cheering on the recession  

[Bushey Boy]

I think interest rates will drop come 2008.  Prices will continue to rise but will slow.

There will not be a recession in the next 3 years id predict

[Gazza's Fat Mate]

We are currently reachig the peak of the current rate cycle and I reckon in a year rates will come down.

Houses price won't crash it is the simple pricnicpal of suppluy and demand. There is shit load of demand and no huose! plus as we live on a ilsand the supplu will always be limited as there is less and less land.

[Samdy Gray]

One French bank doesn't have enough money to loan out so the whole worlds stock markets come crashing down. It's lunacy.

Recession my arse.

[Bushey Boy]

We are currently reachig the peak of the current rate cycle and I reckon in a year rates will come down.

Houses price won't crash it is the simple pricnicpal of suppluy and demand. There is shit load of demand and no huose! plus as we live on a ilsand the supplu will always be limited as there is less and less land.

Thats the worst spelling ever mate, and that is coming from me!

[reeves4england]

Can't see it

Although the cycle does continue, the current government (and Bank of England) have controlled it well and we have had steady inflation for quite a while now. Even if we do have a recession I don't think it will be anything like what was experienced 15-20 years ago

[Iffy's Onion Bhaji]

Well the US economy is not far from it so if that goes then so does everyone else. Great  :|

[Samdy Gray]

Ah, but the USA have been weakening their economy on purpose.