Saturday, September 21, 2013
Wow!
Estate agent Foxtons valued at £649m
Can you short the housing bubble by selling Foxton shares ?
Posted by stillthinking @ 07:08 AM (2667 views)
2 thoughts on “Wow!”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
alan says:
BUY, BUY, BUY.
BUT – Sell in 12 months to avoid the drop (or is it POP?).
libertas says:
You can short mortgage backed derivatives, but I think that is a little premature. Wait for interest rates to hit about 4 to 5% and then start dabbling, in my humble opinion. However, it is debatable in my mind whether rates will turn down again before they turn up. We could get a double bottom in rates or, if there is an unforeseen crisis, rates can go negative for a period.
Times like this are like when the tides change. Volatility rises. Quite frankly, speculating anywhere is a horrid experience right now, and central bank forward guidance has simply added another layer of complexity!!