Saturday, Jan 26, 2008
Some Interesting Numbers From The Fool
Motley Fool: The Last Housing Crash, Part 2
In the first part of this article, I looked at how the last property crash panned out across the UK and in six of its twelve regions. For the record, here's how the average price fell over the entire nation:
Posted by quiet guy @ 12:05 PM (271 views) Add Comment
2 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Mark said...
What the Fool's analysis fails to point out is that the biggest fallers last time round (E Anglia, SE, London) were the regions with the biggest rises before the bust. You can expect some more of the same this time around - except that there is less regional variation in the amount of boom outside of Ulster and London this time around (though Scotland is a clear laggard), probably because BTL investors have pulled up otherwise less popular regions. BTL disinvestment could make it a bit different this time round though...
2. Sold My Soul To The Never Never Never said...
Yorkshire & Humberside -10.2%. I think it'll fall further than that this time! All those BTLose apartments were never in the frame last time and they're still springing up everywhere.