Mar
13
Those Second — and Third — Homes Are Making Mark Carney Nervous
ByTreasury consultation on new powers closes on Friday
If you’re buying a rental home in the U.K. you’re making the Bank of England nervous.
Governor Mark Carney and his colleagues have repeatedly said a surge in buy-to-let property investment may pose a risk to financial stability. With the central bank’s Financial Policy Committee grappling with that question, it’s trying to get extra powers to intervene in the market. A U.K. Treasury consultation on new tools for the institution closes on Friday…
Those Second — and Third — Homes Are Making Mark Carney Nervous
