Thursday, May 27, 2010
Market points to house price falls
The Right Side: Market points to house price falls
The stock markets react to news instantly and often violently, losing or gaining several percent in a day. Not so the housing market. If the stockmarket is the hare, then the property market is the tortoise. But don’t think that this means housing doesn’t react to the wider economy.
While the spreadbet prices are already bearish on housing I reckon they’ve got even further to fall. Property markets are cyclical and we’re still on the down-curve.
Posted by damien @ 02:04 PM (858 views) Add Comment
1 Comment
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1. clockslinger said...
No it doesnt! Anyway, I went into Betfred to find out how to make best use of my anti Tory vote in my ward and they got it completely wrong on who was going to come in second. Why therefore should I put my cash on this poorly extrapolated bit of reasoning? Re Capcha "more meaningless bullshat on HPC"