Friday, Feb 13, 2009
UK House Prices Crash 2009
The Market Oracle: UK House Prices Crash 2009- Update
UK house prices bounce prompting many to look towards a new bull market. This is an analysis of real terms house price trends against nominal house prices.
Posted by nadeem walayat @ 08:49 AM (1808 views) Add Comment
6 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. paul said...
Great article.
So we see that the panic phase is only half way through, and the currency adjusted house price inflation chart shows us that even for foreigners UK house prices still look pretty expensive.
2. alan said...
Excellent graphs in this article. Paul (above) has plucked out the most relevant for many of us.
3. debtfree said...
Do you think the bottom could be the 135-150 range... going by this graph ?
4. amjidk said...
interesting note about deflation turning to hyperinflation, soon, best invest some of your savings in Gold...
5. paul said...
@amjidk
Sorry, but the article does not imply that we are heading for hyperinflation at all.
You put money into gold if that's where you think it belongs, but don't try to ramp it up to make money yourself - it won't work. You'll need large institutional investors to pile into gold before you see it seriously rising, and that is unlikely to happen.
6. will said...
Paul - good to hear you are not so sure of the Bull case for Gold. It is being ramped by those who have interests in it.