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Today's Wall Street Journal Article

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A friend just called to say that today's Wall Street Journal has an article on the falling British housing market.

Does anybody subscribe? Can you give us a summary and some snippets?

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A friend just called to say that today's Wall Street Journal has an article on the falling British housing market.

Does anybody subscribe? Can you give us a summary and some snippets?

what does WSJ knows about economy, read BBC, there is no problem

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Also interesting piece in NY Times today about the market there:

"HOW best to describe the condition of the New York City real estate market? Is it "cooling" or "melting down?" Will there be a "pause?" A "soft landing?" A "slow leak?" Are you a "bubble" believer or of the "frothy" faith?

These and other buzzwords have been appearing in articles and rolling off the tongues of broadcasters. They are whirring around New York cocktail parties and being whispered in Wall Street elevators. It is the language of real estate. And real estate, as Pamela Liebman, chief executive and president of the Corcoran Group, put it, is "part of the language of New York."

It is a language at once glamorous and mundane, one that encompasses not only market catchphrases but scores of seductive adjectives that brokers use to describe properties. Yet as intangible as words are, they influence the decisions buyers, sellers and lenders make — and those decisions can affect the market. As Jean-Paul Sartre said, "Words are loaded pistols." A look at the most popular ones being bandied about nowadays may not reveal the future, but they reveal the pulse of the public. Its beat is a mix of fear, confusion and wishful thinking.

The yearning for a smooth transition from the surging market is seen in the increasingly frequent use in the last six months of the phrase "soft landing.""

NY Times

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Try these words:

"A price slide could start at any time"

Say Bubb

Is that for real? Did they talk about the size of a possible slide?

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"Yields do not compensate for the risks of holding"

A financial advisor was on Dublin radio last week, advising everyone to buy Irish property because while it may only yield 2%, "you get 10%+ annual capital growth"!!!!!

I know its complete and utter madness, but this stance has such universal support, you begin to question your own sanity. :blink:

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A financial advisor was on Dublin radio last week, advising everyone to buy Irish property because while it may only yield 2%, "you get 10%+ annual capital growth"!!!!!

I know its complete and utter madness, but this stance has such universal support, you begin to question your own sanity. :blink:

Its called pump and dump, pump up the market as you sell your portfolio on the quite

Edited by moosetea

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  • 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%



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