Tuesday, Apr 24, 2007
House price growth remains "in check"
LSE: House price growth remains "in check"
Richard Donnell, director of research at Hometrack, told BBC Two's Working Lunch that even though economic conditions were similar to those that led to the last housing market decline, it was unlikely that the UK would see another "slump".
Posted by david20040_0 @ 03:06 PM (144 views) Add Comment
5 Comments
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1. sold 2 rent 1 said...
Stop filling up the blog with thisVI sh*t.
You have posted 6 VI articles today.
No replies on them all.
The debate has moved on.
How about contributing to a bearish article with a counter argument
Everyone expects a crash now.
The questions are how big, how long, inflation or deflation.
2. Sequoia said...
I would suspect that the US and England will choose to go the way of inflation.The prospect of deflation even though possible,will be catastrophic.Clearly with the fiat money sloshing around the world,it will be much more expedient to hyperinflate.In the US after each and every war, there is rampant hyperinflation.I tend to believe that this time around it will be the same,but,to a larger degree.Just look at the stupid proposals in the Us Congress,where they want to HELP to the tune of 120 Billion US$,the banks and individual that have lost money on the Real Estate deals,I,e,housing buble.
3. The Haunted said...
Prices in check? Of course they are! Move along, nothing to see here folks.
4. dohousescrashinthewoods said...
The excerpt is priceless, though:
"even though economic conditions [are] similar to those that led to the last housing market decline" ->
"it [is] unlikely that the UK would see another slump"
What Richard is saying is that we have the same "climate" but this time the "weather" is going to be different.
To put it bluntly: "Even though the ambient temperature is hovering around freezing" -> "it is unlikely that we will see another bout of snow"
5. sold 2 rent 1 said...
ho ho.