Jump to content
House Price Crash Forum
Sign in to follow this  
Flat Bear

Housing Market To Change

Recommended Posts

I have considered myself a bear rather than a bull in the UK property market as I believed the level of HPI was unsustainable, BUT I have believed to date there was too much demand due to too many factors for the market to be considered, or likely to become bearish.

I now believe we are entering a bear market. The change should be much quicker than I had previously thought possible due to this change of direction in the money market and the effective bursting of the global credit bubble which has sustained high asset prices for so long.

Without this credit fuel prices will fall.

After taking into account indices time lags, I believe prices will show continuous downward momentum from about now.

Unfortunately, I also believe we will see a marked slowdown in the economy and rising unemployment.

I suppose I am calling the top.

99.9999% QUARANTEED?

Share this post


Link to post
Share on other sites

Have to agree...

I doubt there will be a huge crash in prices though unless peoples wages are affected.. I think people in general will just be unable to get mortgages unless they have either zero debt or large deposits.

Share this post


Link to post
Share on other sites

things do seem to be moving rather more quickly now... i personally called the top when ocean finance started their latest advertising campaign encouraging people to take out loans with them to btl. when the subbest-of-the-sub-prime start to sell btl loans you just know that's the arrival of the greatest fools...

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 355 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.