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guitarman001

Citywire Article On House Prices

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I'm inclined towards a). Any HPCers expecting an Irish or Argentinian property crash should ask what the social and economic conditions for that would be. Hyperinflation, bond crisis, bank runs, mass unemployment, troops on the streets. If that was the case house prices would be the least in a long list of your problems. Possible of course, but likely? Whereas high single digit inflation, nominal HP stagnation and incremental interest rates rising seem (to me) the most probable scenario. Quite a few of the characters on this forum seem to be wishing for their own personal gotterdammerung without asking what it would be like to live in that future.

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I'm inclined towards a). Any HPCers expecting an Irish or Argentinian property crash should ask what the social and economic conditions for that would be. Hyperinflation, bond crisis, bank runs, mass unemployment, troops on the streets. If that was the case house prices would be the least in a long list of your problems. Possible of course, but likely? Whereas high single digit inflation, nominal HP stagnation and incremental interest rates rising seem (to me) the most probable scenario. Quite a few of the characters on this forum seem to be wishing for their own personal gotterdammerung without asking what it would be like to live in that future.

The way I see it, it doesn't matter how incremental the rises are, each incremental rise will put more pople in the creek and more downward pressure on house prices. However they try and manage the situation, the end result will be the same. The time frame is the big unknown. Hike rates quick, get it over with, small incremental rises, get it over with....eventually.

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The way I see it, it doesn't matter how incremental the rises are, each incremental rise will put more pople in the creek and more downward pressure on house prices. However they try and manage the situation, the end result will be the same. The time frame is the big unknown. Hike rates quick, get it over with, small incremental rises, get it over with....eventually.

I does matters, depends on whether wage inflation is keeping pace or not.

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I does matters, depends on whether wage inflation is keeping pace or not.

True, I should have added I can't really see that happening anytime soon. Obviously it will happen in some areas, I just cannot see it happening across a large enough number of people to make the necessary difference.

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  • 145 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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