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Bbc Economist 2005 Feature

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Well, a bit. They just did a feature mentioning that The Economist said the current housing situation is the 'biggest asset bubble in history and that bubbles have a nasty habit of bursting'. Good one BBC, for a change.

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Well, a bit. They just did a feature mentioning that The Economist said the current housing situation is the 'biggest asset bubble in history and that bubbles have a nasty habit of bursting'. Good one BBC, for a change.

Ohoho, looks like 2006 starts with some end to the denial, in France as well, a big boss admited at last that the down trend has started since septemeber but still does not show as house still sale ( but only well located and good ones), he mentions a fast and big fall (30%-40% over about 4 years). Here is the link for those who speak french (http://www.lexpansion.com/NLConj/4009.30.138670.html).

This guy tends to be bull, so, on http://www.bulle-immobiliere.org which is the french equivalent of this site many thinks it means that the fall will be greater. I am one of those.

However, I am now a bit scared at the consequences on the economy as it looks like we are heading for a worldwide downturn...

Happy new year to all

TWT

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I liked this item and enjoyed it when they quoted the Economist stating that the housing market is the biggest financial bubble in history, that they had these very words in big letters behind the presenter and then he commented that all bubbles eventually go pop!

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I liked this item and enjoyed it when they quoted the Economist stating that the housing market is the biggest financial bubble in history, that they had these very words in big letters behind the presenter and then he commented that all bubbles eventually go pop!

:Pphwoar.gif

Sounds like pure unadulterated hardcore HPC porn... any pictures?

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  • 335 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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