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Realistbear

Bloomberg Warns M E W Culture In Face Of I R Hikes

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That's about USA, not UK!!

Phew! UK house prices will keep rising astronomically forever more. Thank God for that!

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Phew! UK house prices will keep rising astronomically forever more. Thank God for that!

Did I say that?

If a Bull were to post an article about low HPs in China, with no hint in the title that it didn't relate to UK, would you criticise that for being a tad mis-leading?

Talk about clutching at straws you 2. Do you trawl the world looking for something bearish that you you can claim as evidence of a crash here?

Edited by Casual Observer

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That's about USA, not UK!!

Yes it is the USA. MEW culture has been thriving on both sides of the Atlantic. Since WW2 the UK and US house markets have experienced boom and bust cycles and at about the same time. We both went through the Great Crash * together and will go through the Big Correction** together.

______________

*1989-1996

**2005-20??

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But what does it mean for future direction of UK HPs?

It means averaged accross the uk every person who earns in the country took a 5% pay cut between 2003 and 2004! If you back at the MEW in the last crash, an identical pattern occured at the peak.

Edited by moosetea

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  • 343 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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