"The man in the coffin may well have been living in a substantial Roman villa estate somewhere around Trafalgar Square - a big country house maybe with a little village, even, associated with it, " he said.
One source of mine pointed out the irony of the White House vilifying big insurers, and then passing a bill that empowers them to consolidate the little guys like Principal.
It seems unlikely that house prices can continue their recent gallop, and in most countries there is little room for a further big fall in interest rates.