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Posted by scaryjim - Thu 02 Apr 2009 15:49
The Article
Given that the root of this recession was a housing bubble fuelled by low interest rates, increasing house prices can no longer necessarily be considered good news.
Never a truer word spoken. Nice to see some balanced analysis on the economics front! Well written, Scott.
Posted by DeludedGuy - Fri 03 Apr 2009 08:57
It's false optimism.
Posted by kalniel - Fri 03 Apr 2009 12:24
Halifax announced house prices still fell in March.
Posted by Scott B - Fri 03 Apr 2009 12:34
kalniel
Halifax announced house prices still fell in March.

Yup, I updated the piece earlier.