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Times Picks Up on Crash Story

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Analyst predicts housing crash

By Patrick Hosking, Investment Editor

ONE of the City’s most successful fund managers is predicting a slide of up to 40 per cent in house prices over the next three to four years.

Neil Woodford, who manages £6 billion at Invesco Perpetual, is positioning his funds for a sharp decrease in property prices. His forecast for house prices is for “a 30 to 40 per cent fall over the next three to four yearsâ€, a fall he describes as “a healthy correctionâ€. That would bring the average property price from £153,700 today to between £92,200 and £107,600. ....

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In excellent read I agree!

However joe public does not read the times nor do they get professional advice

they speak to a mate at the pub

Gotta love the british public, some times I am ashamed on the same island with these slow but gentle folk.

1990's when the british turned thick

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Yes... 'Gentle' indeed.

Are you referring to the stout English Yeomen who inhabit our green and pleasant land?

A huge swathe of the British population are led by opinions given to them by The Sun, The Mirror and The Star. And probably even more don't give one, but count down the minutes of their lives each week waiting for Friday night on the town.

Long may it continue.

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Not in my "compact" edition.

Newspaper Circulation Readership Readers per copy

The Guardian 403,306 1,102,00 2.7

The Times 715,310 1,564,000 2.2

The Daily Telegraph 1,017,797 2,280,000 2.2

Financial Times 486,366* 615,000* 1.3

The Independent 225,639 567,000 2.5

Daily Mail 2,428,260 5,605,000 2.3

Daily Express 963,147 2,318,000 2.4

The Sun 3,499,882 9,497,000 2.7

The Mirror 2,179,105* 5,622,000* 2.6

Daily Star 579,584 1,451,000 2.5

Note the Sun. Scary.

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  • 439 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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