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malco

Us Property Slide To Take A While?

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http://www.pimco.com/LeftNav/Late+Breaking...ctober+2005.htm

Well worth a read. He's saying that the US housing market will slow and this will stop some of the daftest behaviour, but then the Fed will open the valve and let it roll on a bit more. He rates this as being 99% sure-fire bet.

But his last sentence in a rather long article contains the barb:

"Whether in the fullness of time that will be judged to have been kind is another question, but it appears that this overwhelming deluge of circumstances will require lower yields at least one more time."

But he may already be too late. US property prices have dropped off the edge of a cliff according to a graph posted today on another thread, which i could not find. It showed US house prices since the early 1960s. It shows there has never been a significant fall in US house prices in all of those 40 years.... until now.

Interesting times.....

:unsure:

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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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