Friday, Mar 12, 2010
Is the UK Market overvalued?
Bloomberg: Global Decline in Home Prices May Not Be Over, IMF Adviser Says
House prices in the world’s major economies, which in 2009 were down an average of 5 percent from 2007, may keep dropping, said Prakash Loungani, an adviser to the International Monetary Fund’s research department.
Posted by alan @ 06:59 PM (701 views) Add Comment
6 Comments
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1. str 2007 said...
An interesting way of looking at it.
All assumes things get back to normal.
I'm not sure whether this account of a possible outcome allows for Ultra Low interest rates, QE, dual income lending, multiples of childrens future income and anything else that can be thrown at the housing market.
2. fallingbuzzard said...
You can do whavever you want to maintain house prices. Doesn't change the fact that its still massively cheaper to rent at the moment.
3. stillthinking said...
Is the UK housing market overvalued ?
4. brickormortis said...
"may keep dropping".
...Thanks for that!
5. a saver said...
Is the UK housing market overvalued ?
Has Pinocchio got a wooden butt?
6. taffee said...
does david cameron have any policies?