Thursday, September 2, 2010

Will house prices fall further?

Will house prices fall further?

Fears of a second house price crash. All we've seen recently is a mild 22.6% correction followed by a 9.6% sucker rally. The real crash that will take us down to well below the long-term average PE, as in the mid-1990s, is still to come. That's how long-term averages are formed. Unless you think it's all different this time.

Posted by monty032 @ 10:24 PM (1700 views)
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5 thoughts on “Will house prices fall further?

  • This could hardly be more bearish – and from a paper that is the natural home of the BOMAD..

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  • Indeed UT. I am actually beginning to let myself believe the media are beginning to lay the foundations for a crash. Dare I hope?

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  • The big bail outs are over.

    Nows the time. Simples!

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  • I’m not sure I can take this volume of bear food.

    But on the plus side at least we dont have to put up with the Aholes like smugdog and glorious. Oddly quiet from their corner isn’t it.

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  • monty should hamptoncourt be hampton wick? – see comments on article.

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