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Bubble Pop Electric

What Will Hindsight Say?

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When you talk about the last housing crash in the 80's/90's people always say "ah well it was because the interest rates increased to 15%." Although this is obviously twaddle, people seem to believe that the market then only crashed because of that single economic factor, not because the prices were unsustainable.

This time around what will people blame the crash on? It won't be because house prices are insanely detached from reality, it will be because of oil & metal prices/ interest rate increases/ global economy - or what?

I think this is partly why we have boom & busts in markets. People will attribute the crash to some other cause, not because the market has been hugely overspeculated, & so within a few years there will be another bubble, whether it's in gold, tech stocks, housing, etc.

Best keep an eye out for the next one & hop on board early, eh ;)

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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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