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curious1

Pop Goes The Real Estate Bubble

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Let's not be too alarmist. Today is truly different from the past. There are no reliable historical precedents to fall back on, and one quarter does not make a trend. Still, that there could be such a drop in such a short length of time is very unusual. This is stock market behavior. Stocks go kerplunk! Real estate goes down with a whisper, like a slow leak in a tire--or, at least, it did.

http://www.thenation.com/doc/20051024/real_estate_bubble

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I think you are the third of fourth person to post this link in the past 48 hours - no harm in that of course. It is a good read.

lol... sorry about that!. Didn't see it, but then again, I've not been reading the threads too religiously recently either.

:huh:

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We've often said on here that the US market is about one year behind us. Could be possible that they may actually be overtaking us. If so that could be are own HPC is going speed up as more bab news starts to hit the headlines.

Nice artical, but 15% in one quarter, now that is what I call a crash!

Edited by FTBagain

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  • 302 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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