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eric pebble

Expect Two More Years Of House Price Pain. Telegraph Columnist Roger Bootle Tells Robert Miller

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Is he still talking 20 or 30 percent falls in prices? I doubt it?

I dont

the Govt has to continue the bust so the boom can get started again in the future

the bankers have to screw the people to the max or there was little point trapping so many

in their debt net in the 1st place . They'll squeeze til yer pips squeak

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Expect two more years of house price pain.

I've had years of house price pain and am now looking forward to some pleasure ;).

Edited by Kilham

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I dont

the Govt has to continue the bust so the boom can get started again in the future

the bankers have to screw the people to the max or there was little point trapping so many

in their debt net in the 1st place . They'll squeeze til yer pips squeak

Yup..... Round and round the mulberry bush.... :rolleyes:

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Unless it's "different this time", and looking at the blue graph on the front page, I reckon four years might be a better prediction! :huh:

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Expect two more years of house price pain.

Telegraph columnist Roger Bootle tells Robert Miller why house prices could continue to fall for another two years.

http://www.telegraph.co.uk/finance/economics/8219165/Expect-two-more-years-of-house-price-pain.html

We have a lethal combination of rising prices and stagnant pay and that means a squeeze on incomes which will dampen any consumption activity and, for that matter house prices. In the 70s, which I well remember as I bought my first property in 1975, you had rising prices and rising wages which not only helped to support consumption but it also eroded debt. I bought a flat in North London and, a month later, had a 20% salary increase; consequently the debt burden was immediately eroded. This is not at all the current situation which is far worse for the vast majority.

In my view we're in a phoney war; very little of the huge financial problems have been fixed and all the heavy lifting remains, despite noises from VIs.

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More......

Forty maybe? :rolleyes::(

Actually there have been periods in history, where very little "economic growth" happened for such a time!

Maybe when your avatar picture was drawn!

I didn't recognise you without the giant red font!

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Actually there have been periods in history, where very little "economic growth" happened for such a time!

Maybe when your avatar picture was drawn!

I didn't recognise you without the giant red font!

:blink::unsure:?

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  • 312 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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