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Nomura Says Chinese House Prices To Fall 20%

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http://www.bloomberg.com/avp/avp.asxx?clip=mms://media2.bloomberg.com/cache/vC.molyavOY4.asf&vCat=/adviser&RND=342811783&A=

The housing market is discussed from about 2 minutes in. He reckons house price to earnings ratios are 13-14 times and clearly aren't sustainable.

Given we're seeing pick ups in inflation, I expect huge falls in real prices to be masked by nominal falls and lots of inflation - the BRICs are due their 15%+ CPI "experience".

If that's just 20% I'd be surpised. You have to get down to 2-3 times multiples, so that could be 200% on the retail index (over 10 years), which would be interesting.

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20% will jsut about erase the gains of the last three months.no story.move on.

Guy is saying last years gains actually, so all of the post-collapse bounce in fact. Because that's all it was - a post-collapse bounce.

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  • 140 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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