Monday, May 15, 2006

Why the UK housing market did not crash

in2perspective: Why the UK housing market did not crash

Roger Bootle of Capital Economics had predicted a correction in the UK housing market by as much as 20%. In an article published yesterday in The Telegraph, and reproduced below, he explains why he turned out to be wrong and discusses what lies ahead for house prices.

Posted by Geraint Lewis @ 04:55 PM (599 views)
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1. Marzipan said...

There is a theory that the crash happens not when all bulls turn bearish, but when all bears turn bullish. Not long now then.

Tuesday, May 16, 2006 08:46AM Report Comment
 

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