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neon tetra

Home.co.uk (-0.7% Yoy)

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"Time to buy a house will be when the ounces of gold to buy a house stops falling"

:lol: (can't believe they said that)

Strange - I was thinking along those lines just before I read your post. If gold goes pop then a whole load of money will be looking for somewhere to go.

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Strange - I was thinking along those lines just before I read your post. If gold goes pop then a whole load of money will be looking for somewhere to go.

there isn't that much money in gold

and if it goes pop there'll be even less

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although when corrected for the effect of monetary inflation (CPI or RPI) the real fall is considerably greater (ca. 7% per annum vs. RPI ex housing).

Surely that's only applicable if your wages have risen to match RPI?

If not, your real income is being eroded.

Real wages static + house prices static

versus

Real wages falling + house prices static

If gold goes pop.

I wouldn't lose any sleep about that.

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  • 338 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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