Thursday, Nov 16, 2006

House prices surge toward a ‘tipping point’

The Move Channel: House prices surge toward a ‘tipping point’

Doug Shephard, director of Home.co.uk laments that just as the scene was set for affordability to be improved for first-time buyers a wave of market confidence has turned the tide again. This time though, suggests the cautionary tale, we may be on the verge of a nasty surprise…

Posted by neverhappy @ 09:41 AM (410 views)
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3 Comments

1. Genepool said...

"Too much caution, will mean that instead of preserving the value of capital, the Bank is simply ‘fiddling while Rome burns’."

I love it. And the blatant comparison with Japan. Ouch.

A few more published opinions like this and the tipping point will become a self fulfilling prophecy.

Thursday, November 16, 2006 12:19PM Report Comment
 

2. Gregzki said...

Refreshingly bearish article from "the move channel" - Nice breif summary from Japans crash and good highlighting of bubble indications e.g.125 motgage etc. If you ever doubt that incomes and house prices will not fall back into line in the future its a good reminder.

Thursday, November 16, 2006 12:49PM Report Comment
 

3. Kirsty said...

"Tipping point".This is the "buzzword " of the month, is it? Its used everywhere now. Last month it was "Bespoke".Any more?

Thursday, November 16, 2006 03:43PM Report Comment
 

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