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crazypabs

HPC News report in Londons CityAM Morning paper

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http://www.cityam.com/257819/cant-help-but-worry-potential-mother-all-house-price

On the train this morning I was reading the City AM rag when I saw this article on the impending DOOOOOOOM!!! of the housing market, at last a rag that is behind the HPC campaign, ok maybe not behind it, but certainly not in denial that the market is in need of a serious spanking!

 

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2 hours ago, crazypabs said:

http://www.cityam.com/257819/cant-help-but-worry-potential-mother-all-house-price

On the train this morning I was reading the City AM rag when I saw this article on the impending DOOOOOOOM!!! of the housing market, at last a rag that is behind the HPC campaign, ok maybe not behind it, but certainly not in denial that the market is in need of a serious spanking!

 

Hmmm...it starts off with DOOM scenario but quickly soothes the reader by saying next crash might not be until mid-2020s and Brexit could help boost PCL prices in next 18 months.

Can't upset the Sheeple.

Nothing to see here, please move along.....

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19 minutes ago, Agentimmo said:

Nothing to see here, please move along.....

Except in Knightsbridge and Chelsea where supply is well ahead of the 2008/9 peaks.

Places that led us into the bubble post 2008 (SW3 tripled in average price to 2014),are looking like they're leading us into the crash.

Even allowing for the distortion caused by stamp duty changes,the 4 month moving average paints a bleak picture.

Sept 16 SW3 4MMA.png

SW7 Sept 16 4MMA.png

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12 minutes ago, Sancho Panza said:

Except in Knightsbridge and Chelsea where supply is well ahead of the 2008/9 peaks.

Places that led us into the bubble post 2008 (SW3 tripled in average price to 2014),are looking like they're leading us into the crash.

Even allowing for the distortion caused by stamp duty changes,the 4 month moving average paints a bleak HAPPY picture.

Sept 16 SW3 4MMA.png

SW7 Sept 16 4MMA.png

 

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