A Question For The Bulls

[bajista]

So; you feel positive about the market at this level? Property will continue to go up?

But what if it went up a lot more in the next year? What are the statistics that would make you turn bearish?

I mean: at

what yields (rental vs. interest cost(inc. opportunity cost of interest on current equity))

what interest rates

what ratio of house prices to earnings

would you think it better to move your money into an alternative asset class?

[JustYield]

So; you feel positive about the market at this level? Property will continue to go up?

But what if it went up a lot more in the next year? What are the statistics that would make you turn bearish?

I mean: at

what yields (rental vs. interest cost(inc. opportunity cost of interest on current equity))

what interest rates

what ratio of house prices to earnings

would you think it better to move your money into an alternative asset class?

I think you posted this to the wrong site.

There is a misconception common in the market that capital growth is somehow independent of yield, that it is an extra return. Even among people who should know better. But who's the fool? - in their ignorance they are behaving like the next man and so it goes. Until people realise what else they could do with the unrealised capital perhaps.

JY

[Jason]

House prices always go up, infact the more prices rise the more demand for it. A house is a giffen good you know, the fundamentals no longer matter.

I'm being sarcastic btw.