Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

First Class Hpc Analysis

Recommended Posts

"House prices are at the mountain top," Zandi said. "All roads lead down. It's just a question of how steeply."

http://www.signonsandiego.com/news/busines...-wall&main.html

The San Diego/Southern CA market has closely mirrored the UK market having crashed in the late 80's and recovered in the mid 90's to hit historic peaks in 2004 with a stall in 2005.

All of the crash ingredients are there:

House price to rents at record disparity

Excess supply coming onto the market while demand is decreasing

Prices sustained by opinion minus the fundamentals

Consumers have used "cash-out" mortgages to pay for everything from new kitchens to college tuition. (MEWing)

Edited by Realistbear

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.