When will the correction come to house prices?

TickersPlaysPop

Things that could crash the market.....

Large scale return of immigrants to their home countries, I.e. Huge decrease in net migration to negative net migration.
UKIP win election, or form coalition with conservatives
UK leaves the EU leading to a shortsighted new foreign policy
Dirty bomb in London
Massive and sudden increase in property building
Civil unrest/ revolution like a western spring, this could especially follow the huge scandal of child abuse within our halls of power over in 70's & 80's
Deflation spiral
China bubble bursts
War somewhere near or important
Fracking leading to poisoned ground water
Nuclear accident

Are all of these very unlikely?

padington

TickersPlaysPop wrote: »

Things that could crash the market.....

Large scale return of immigrants to their home countries, I.e. Huge decrease in net migration to negative net migration.
UKIP win election, or form coalition with conservatives
UK leaves the EU leading to a shortsighted new foreign policy
Dirty bomb in London
Massive and sudden increase in property building
Civil unrest/ revolution like a western spring, this could especially follow the huge scandal of child abuse within our halls of power over in 70's & 80's
Deflation spiral
China bubble bursts
War somewhere near or important
Fracking leading to poisoned ground water
Nuclear accident

Are all of these very unlikely?

... All these things will affect everywhere else you put your money. No where is totally safe. Many things could happen. However cities are the most robust creations we have ever made. They survive nuclear bombs.

Where else are you suggesting you invest and how successful have you been so far with that strategy ?

Thrugelmir

AndyGuil wrote: »

So higher than 2013 then..

Time to move your calendar on, this is 2014.

Bubble_and_Squeak

TickersPlaysPop wrote: »

Things that could crash the market.....

Large scale return of immigrants to their home countries, I.e. Huge decrease in net migration to negative net migration.
UKIP win election, or form coalition with conservatives
UK leaves the EU leading to a shortsighted new foreign policy
Dirty bomb in London
Massive and sudden increase in property building
Civil unrest/ revolution like a western spring, this could especially follow the huge scandal of child abuse within our halls of power over in 70's & 80's
Deflation spiral
China bubble bursts
War somewhere near or important
Fracking leading to poisoned ground water
Nuclear accident

Are all of these very unlikely?

deflation? europe is almost there
china bubble? already burst
war somewhere important? several

Bubble_and_Squeak

Thrugelmir wrote: »

Time to move your calendar on, this is 2014.

it will be interesting to see the reaction when the LR finally reacts to events on the ground at the end of the year
every month it'll be "oh but they're higher than such and such date"
and it will keep going back until the market bottoms out and it'll be "oh if you had bought on such and such date you would be better off"

AndyGuil

Thrugelmir wrote: »

Time to move your calendar on, this is 2014.

Doesn't change that it has grown YoY. Clearly it is returning to more normal levels.

AndyGuil

Bubble_and_Squeak wrote: »

it will be interesting to see the reaction when the LR finally reacts to events on the ground at the end of the year
every month it'll be "oh but they're higher than such and such date"
and it will keep going back until the market bottoms out and it'll be "oh if you had bought on such and such date you would be better off"

In measurable terms you set April as the peak. Not looking good is it? Land Registry which is now covering April is up. I guess there is always next month, and the next and the next one after that...

Bubble_and_Squeak

AndyGuil wrote: »

In measurable terms you set April as the peak. Not looking good is it? Land Registry which is now covering April is up. I guess there is always next month, and the next and the next one after that...

if the land registry is covering april and i called april as the peak i would say its looking quite good

AndyGuil

Bubble_and_Squeak wrote: »

if the land registry is covering april and i called april as the peak i would say its looking quite good

I see. So by peak you meant the highest up to that measurement point rather than suggesting it falls from that pointy onwards. If it was the later a 0.0% or negative might have been more the expectation.

Bubble_and_Squeak

AndyGuil wrote: »

I see. So by peak you meant the highest up to that measurement point rather than suggesting it falls from that pointy onwards. If it was the later a 0.0% or negative might have been more the expectation.

my understanding of a peak is that it is the highest point.