Saturday, January 26, 2008

Some Interesting Numbers From The Fool

The Last Housing Crash, Part 2

In the first part of this article, I looked at how the last property crash panned out across the UK and in six of its twelve regions. For the record, here's how the average price fell over the entire nation:

Posted by quiet guy @ 12:05 PM (643 views)
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2 thoughts on “Some Interesting Numbers From The Fool

  • What the Fool’s analysis fails to point out is that the biggest fallers last time round (E Anglia, SE, London) were the regions with the biggest rises before the bust. You can expect some more of the same this time around – except that there is less regional variation in the amount of boom outside of Ulster and London this time around (though Scotland is a clear laggard), probably because BTL investors have pulled up otherwise less popular regions. BTL disinvestment could make it a bit different this time round though…

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  • Sold My Soul To The Never Never Never says:

    Yorkshire & Humberside -10.2%. I think it’ll fall further than that this time! All those BTLose apartments were never in the frame last time and they’re still springing up everywhere.

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