Sunday, March 9, 2008

Market looking shaky – but we already knew that

Housing market outlook

"All these factors, plus a general mood of pessimism about the economic outlook, is likely to lead to falls in house prices this year, though few analysts are predicting a full-blown crash like that of the early Nineties." Few are predicting - but I wonder what they're thinking. If the law of reversion to mean holds - perhaps the only robust rule in economics - this is surely going to be the most full-blown of all housing crashes.

Posted by letthemfall @ 10:42 AM (413 views)
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One thought on “Market looking shaky – but we already knew that

  • Landedgentry says:

    This is so much fun, even if I could induce a full blown crash instantly by pressing a button, I wouldn’t.

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