One year on from Britain’s property slump, and house prices seem to have staged a dramatic rebound. Some areas have even hit new all-time highs. So what’s going on, and what happens next? James Ferguson explains.
Articles written by James Ferguson
A banking crisis can’t be resolved until the banks have fixed their balance sheets. We can pretend they aren’t up the creek, but they know they are, says James Ferguson.
Forcing banks to boost their capital now would increase the risk of a global double-dip recession, says James Ferguson.
Despite stirrings in the property market, houses are still not affordable. Prices will fall for quite a while yet, says James Ferguson – but it will be worth the wait.
The received wisdom is that quantitative easing inevitably leads to inflation. Not necessarily, says James Ferguson.
Top bankers may have delivered easy apologies to the Treasury Select Committee, but, says James Ferguson their evidence still leaves us no wiser as to how we got here in the first place.
James Ferguson explains how the US subprime mortgage crisis is about to hit the middle classes, and looks forward to where the housing market is headed in the UK.
Many people think the massive cost of the banking bail-outs will lead Britain to bankruptcy. James Ferguson isn’t so sure. So what’s the real worst-case scenario?
With Britain on the verge of being bankrupt, encouraging the banks to increase lending is a wrong-headed and risky move, says James Ferguson.
Are corporate bonds as cheap as they look? Yields are certainly high enough, says James Ferguson, but it’s early days yet.