The Masked Tulip Posted April 29, 2013 Share Posted April 29, 2013 James McKeigue highlights the week's best pieces from the MoneyWeek team, including: the options for house prices - none of them good. http://www.moneyweek.com/news-and-charts/economics/moneyweek-roundup-the-three-options-for-house-prices-63700 Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted April 29, 2013 Share Posted April 29, 2013 http://www.moneyweek...se-prices-63700 "Looking further ahead they cite “a mansion tax on Central London property... and more forced sales as baby boomers have to raise money to cover care costs/inadequate pensions savings” as other bearish factors" Sooner or later people have to move on with their lives, and other factors other than waiting for a fantasy price that will never materialise come to the fore. Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted April 29, 2013 Share Posted April 29, 2013 http://www.moneyweek.com/news-and-charts/economics/moneyweek-roundup-the-three-options-for-house-prices-63700 Three options for house prices: Up, down or stay the same. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted April 29, 2013 Share Posted April 29, 2013 I'd say all three options are good for HPC. 1. Real wages are going down not up. 2. Interest rates/gilt yields can only be suppressed with more QE. 3. QE is driving up core inflation undermining any recovery. Quote Link to comment Share on other sites More sharing options...
R K Posted April 29, 2013 Share Posted April 29, 2013 "Looking further ahead they cite "a mansion tax on Central London property... and more forced sales as baby boomers have to raise money to cover care costs/inadequate pensions savings" as other bearish factors" Sooner or later people have to move on with their lives, and other factors other than waiting for a fantasy price that will never materialise come to the fore. Baby boomers are between 49 and 68. So that's a load of old ****. Surprised they haven't mentioned huge swathes of London disappearing under water though. Quote Link to comment Share on other sites More sharing options...
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