Rising Prices Widen Gap Between Rich and Poor
Story date: 2007-10-31 09:20:00
Added on: 2007-10-31 11:00:19
Der Spiegel - Existing loans, such as mortgage loans, become cheaper relative to income. Besides, high earners can shift their assets to inflation-proof investments like gold or other precious metals. The public continues to welcome low interest rates. Haven't they ...
Read more...
Related Stories:
-
Cheaper houses may be on the way as market tanks (NZPA via Yahoo!Xtra News)
For those frozen out of the housing market by high prices, data suggested cheaper houses may be on the way, economists said...
2008-01-15 05:48:27 -
High-cost mortgages just got cheaper
CNN Money - Current Mortgage Rates ... NEW YORK (CNNMoney.com) -- Mortgage costs just got cheaper for buyers in high-cost areas....
2008-03-07 12:51:00 -
UPDATE: ECB Trichet: Central Banks Can't Control Relative Prices - FXStreet.com
ROME -(Dow Jones)- European Central Bank President Jean-Claude Trichet said Friday that monetary-policy makers have to ensure price stability, even if they...
2008-06-27 11:17:00 -
Cheaper home loans (Milwaukee Journal Sentinel)
Washington - Homeowners staggering under mounting mortgage debt and facing foreclosure could get cheaper,......
2008-05-01 05:22:45 -
House prices: it's cheaper to buy than to rent - Daily Telegraph
According to new figures from Abbey people are increasingly better off buying rather than renting. The Bank says it is now more...
2008-06-26 04:18:00 -
Big loans could get cheaper (Los Angeles Times)
Supporters say the proposal would help borrowers and stabilize the housing market The economic stimulus plan worked out Thursday...
2008-01-25 12:16:33 -
Lessons in building a railway
Times Online - Some argued that it would be cheaper simply for the government to raise the money by issuing gilts, rather...
2007-11-04 01:06:00 -
Some fear US economic stimulus is already too late (Business Times (Malaysia))
The forces menacing the US economy, like the unraveling of the real estate market and high oil prices, are too entrenched to...
2008-01-13 08:48:42
