January 30, 2009
The NZ Reserve Bank has knocked 1.5% off the base rate to give New Zealand an official cash rate of 3.5% – the lowest rate for the country ever. Its a dramatic decline from the 8.25% the cash rate stood at in the middle of 2008
July 9, 2008
Money.co.uk reported this week on the £1 house. Previously valued at £80,000, the North Norfolk home is likely to be washed into the sea at any minute. The owner apparently took the government’s word for it when she was told that the encroaching coastline would be kept at bay when she purchased the property back in 1987
More on UK House Market Falls Dramatically – The One Pound House
