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The last quarter marked the tenth successive net injection of housing equity.
"House prices are currently showing signs of faltering anew, which is likely to further encourage a net injection of housing equity in the near term at least.
Archer said: "Regardless of the causes of the switch to a net injection of housing equity since early-2008, the fact that housing equity withdrawal is no longer happening is a dampening factor on consumer spending".
Archer warns that the ongoing – and increased – net injection of housing equity is adding to the constraints on consumer spending, which include high unemployment, muted wage growth and high debt levels.
The economist Howard Archer of IHS Global Insight has calculated that the net injection of housing equity accounted for 2.4% of post-tax income in the third quarter of last year.
Consequently, the ongoing – and increased – net injection of housing equity is adding to the constraints on consumer spending including high unemployment, negative real wage growth and high debt levels," he said.
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Three rats received a subcutaneous primary injection of house sparrow IgY with CFA (50 µg of protein/100 µl emulsion was used per injection).
There has been a general trend towards injections of housing equity since the start of the financial crisis, with a reduction of £9.6 billion in mortgage debt in the first quarter of this year.
Who still believes that it is possible to buy a house on a single income, without an injection of family money?
The thinktank proposes a phased transfer of control to local authorities that would firstly give councils greater scope to borrow against their housing assets, to provide an injection of additional local housing investment to reduce the pressure on housing benefit in their area.
The use of single valves for sample or reagent injection, for housing different devices (namely, minicolumns and other separation units, flow-cells, etc). is discussed.
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