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ronnie

Hypothetical Question

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If supply and demand in housing market are in perfect equilibrium can prices keep rising IF enough people in the market think prices will keep rising??? i think its quite possible.

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If supply and demand in housing market are in perfect equilibrium can prices keep rising IF enough people in the market think prices will keep rising??? i think its quite possible.

Perfect equilibrium never assumes a constant price. Static price = dead market = Central Planning System.

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Guest muttley

If supply and demand in housing market are in perfect equilibrium can prices keep rising IF enough people in the market think prices will keep rising??? i think its quite possible.

Yes, of course. Just think dot coms.

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If supply and demand in housing market are in perfect equilibrium can prices keep rising

No.

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If supply and demand in housing market are in perfect equilibrium can prices keep rising IF enough people in the market think prices will keep rising??? i think its quite possible.

For a while, but on ever decreasing volumes, which infers a dead market.

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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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