Monday, Jun 16, 2008
On historical trends I predict nearer 10 years would be a fare bet...
This is money: House price slump 'to last four years'
The gloomy message comes from some two-thirds of 225 members of the Society of Business Economists surveyed for ITV1's Tonight programme.
I've plotted what could happen based on historical trends.....and estimate that it could take 6-7 years to fully bottom out, and a further 3 years to see any noticable rise, and no prices close to the last peak until after 2020! Time to batten down the financial hatches!
Posted by rental john @ 05:54 PM (122 views) Add Comment
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