Reuters: UK home prices to rise 7 percent this year as London leaps

British house prices are expected to surge this year as a supply shortage and strong demand from overseas investors drive up the already-high prices of the London property market says Reuters. This is on the back of continuing QE in the US and China (even with tapering, billions is flowing into assets, creating bubbles everywhere). With Building Society interest rates sadly at 0.1%, how do you protect savings from food inflation at nearly 7%? (Check out Zero Hedge and the associated blogs - we are being ripped off).
via:http://www.housepricecrash.co.uk/newsblog/2014/02/blog-dont-just-stand-there-speculate-40849.php?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housepricecrash+%28House+Price+Crash+news%29