Britain Warns Boom in Real-Estate Prices Threatens Economy; Financial Policy Makers Enact New Powers to Curb Mortgage Lending, Seek to Avoid Hurting Overall Recovery
June 18, 2014 Leave a comment
Britain Warns Boom in Real-Estate Prices Threatens Economy
Financial Policy Makers Enact New Powers to Curb Mortgage Lending, Seek to Avoid Hurting Overall Recovery
ART PATNAUDE and JASON DOUGLAS
June 12, 2014 4:01 p.m. ET
LONDON—The U.K.’s two chief financial-policy makers warned Thursday in strident tones that the British fervor for real estate had swelled into a threat to the wider economy, and the government moved to enact new powers to curb mortgage lending amid a gathering boom. Read more of this post




