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Smell the Fear

As Boe Approvals Plunge To New Lows

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For those of you who don't know, Spline was a chartist poster who maintained that a very strong relationship existed between mortgage approval numbers and house price inflation in the following 6 month period.

It seems this relationship is very much true (and it is easy to see the logic in it). However why isn't he lapping it up now and revelling in glory?

I think someone may have suggested it before, but I'll ask it again:

Is Spline actually:

Stuart

P

Law

In

Negative

Equity

????

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  • 399 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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