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PaulW

Ft Property Special Page 10

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Nope me neither, no property section on Page 10, they do win a prize for packing as many country names into one spread; Italy, Bruseels, Holland, Iran, Israel, Egypt UK and planet Accenture

No planet HPC though

Its the property supplement - Bravo to Greg and Reinhard for clearly knocking Jim Pickard's head around.

FANTASTIC!

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It's a big article that runs from page 6-13 of today's FT colour supplement.

Basically, it's all about how house price predictions are notoriously unreliable, particularly in terms of timing.

There's half a page about this site, which talks about Greg and Reinhard's motivations for running it. Reinhard talks about the vested interests and the imminent recovery headlines that were going around during the last crash.

It goes on to discuss the view that prices will fall in the long-term, and talks about the possibility of a global depression caused by house price booms turning to busts worldwide, and how this view is backed up by highly-regarded economists. However, it also says that many economists have got burnt trying to call the timing of the crash and no longer attempt to do so.

The article also says that this site gets about 15 million hits a month, or 8,500 unique users a day, which sounds a lot to me.

It ends with the author of the article restating his 2004 prediction that prices would be lower in 2 years in real terms.

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Yes. It includes that article (word-for-word), followed by a paragraph about the vested interest headlines during the crash, a bit about the board meets (where apparently we don't just talk about house prices!), and then a bit about how although Greg and Reinhard may have not got their timing absolutely right, they'll probably be proved right in the long run.

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Yes.  It includes that article (word-for-word), followed by a paragraph about the vested interest headlines during the crash, a bit about the board meets (where apparently we don't just talk about house prices!), and then a bit about how although Greg and Reinhard may have not got their timing absolutely right, they'll probably be proved right in the long run.

Thanks :)

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  • 301 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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