Thursday, Sep 02, 2010
Will house prices fall further?
The Daily Telegraph: Will house prices fall further?
Fears of a second house price crash. All we've seen recently is a mild 22.6% correction followed by a 9.6% sucker rally. The real crash that will take us down to well below the long-term average PE, as in the mid-1990s, is still to come. That's how long-term averages are formed. Unless you think it's all different this time.
Posted by monty032 @ 10:24 PM (1269 views) Add Comment
5 Comments
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1. uncle tom said...
This could hardly be more bearish - and from a paper that is the natural home of the BOMAD..
2. thebulltrap said...
Indeed UT. I am actually beginning to let myself believe the media are beginning to lay the foundations for a crash. Dare I hope?
3. Crunchy said...
The big bail outs are over.
Nows the time. Simples!
4. inbreda said...
I'm not sure I can take this volume of bear food.
But on the plus side at least we dont have to put up with the Aholes like smugdog and glorious. Oddly quiet from their corner isn't it.
5. techieman said...
monty should hamptoncourt be hampton wick? - see comments on article.