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The Masked Tulip

Roubini Says U.s. House Prices To Fall Futher, Eu Faces Problems

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http://www.businessweek.com/news/2010-11-02/roubini-says-u-s-house-prices-to-fall-futher-eu-faces-problems.html

Nov. 2 (Bloomberg) -- Nouriel Roubini, the New York University professor who predicted the global economic crisis, said U.S. house prices have further to fall.

The European Union faces problems because it may lose competitiveness and the debt problems in Greece, Spain, Ireland and Portugal are yet to be resolved, he said at a conference in Cape Town today. Austerity measures in those countries may crimp growth, he said.

No view on UK house prices then Nouriel?

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sick of hearing how places that have had 50% falls still have further to fall,

we get a 3.6% and well are thinking of buying, where is OUR CRASH :D

Our crash is on hold as the IMF et al await the results of the Koalishon's cuts.

Our overpriced and hyper-credit dependent housing market is still standing because no jobs have been lost (relatively speaking) and the banks are giving grace to late and non-pays.

IMO the Fed will set the dominoes in motion again after 18:30 GMT Wednesday. If Ben goes for too much the dollar tanks and the commodity markets rise and recession retruns with a vengeance that will, in turn, lead to a collapse of those commodity markets when there is no one who can afford to buy. If Ben takes the sensible route and allows the market to deflate there will be a decade or more of deflation which I shall embrace like a long lost bestest friend.

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Our crash is on hold as the IMF et al await the results of the Koalishon's cuts.

Our overpriced and hyper-credit dependent housing market is still standing because no jobs have been lost (relatively speaking) and the banks are giving grace to late and non-pays.

IMO the Fed will set the dominoes in motion again after 18:30 GMT Wednesday. If Ben goes for too much the dollar tanks and the commodity markets rise and recession retruns with a vengeance that will, in turn, lead to a collapse of those commodity markets when there is no one who can afford to buy. If Ben takes the sensible route and allows the market to deflate there will be a decade or more of deflation which I shall embrace like a long lost bestest friend.

Grand !

Seems like a win-win all round tomorrow night then. ;)

Deflation or a collapse of commodities (giving cheaper petrol, grain etc).

Only have to keep myself in employment.

What's not to like? :)

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  • 245 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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