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The Masked Tulip

Bootle, Oswald Et Al

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Have any of the bear economists such as Roger Bootle, Andrew Oswald, etc, said anything on the housing market lately?

It seems they were saying some quite strong things last year and for some time before but I don't recall reading anything of late re their thoughts on the bubble?

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I take it they haven't?

Jim Pickard's article (F.T. 15/09/05) states that Oswald now refuses to comment public on the housing market:

"But ironically, many commentators have become so weary of being caught out yet again that they have fallen silent on the subject. Andrew Oswald, the Warwick University professor, for example, now refuses to talk publicly about house prices. "

Full article here:

Spins in need of a doctor

However, I'm sure regulars of this board know that predicting the peak of any market is particularly hard. In fairness to Mr. Oswald I recall that he said in 2003 put all spare cash in a FTSE tracker which has since done very well.

I just wish this bloody bubble would hurry up and sort itself out. More so, because I'm sitting in Northern Ireland which appears to behind in the cycle (Q2 2005 market was up 15ish% yoy!) Suppose it's like everything over here - behind the times (boom, boom.)

Edited by The_Equalizer

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  • 301 Brexit, House prices and Summer 2020

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      • down 5% +
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