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Debate House Prices
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Rightmove asking prices -0.8% MOM + 6.5% YOY
Comments
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Some evidence of moderation in HPI possibly.
Wonder when we'll get back on Nationwide's long term real house line? 5 years?
That's 2.9% above inflation for the last forty years so some catching up to do.
Mirrors the 4 decades of ever looser monetary policy. Now that monetary policy has changed a new era has dawned.0 -
Thrugelmir wrote: »Mirrors the 4 decades of ever looser monetary policy. Now that monetary policy has changed a new era has dawned.
Yeah, one of even more rapid rising prices.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
Thrugelmir wrote: »Mirrors the 4 decades of ever looser monetary policy. Now that monetary policy has changed a new era has dawned.
There's no new era.
It's fairly obvious - a GFC happens and the effect on UK house prices? They increase.
Maybe we could suggest that QE has inflated asset prices and so on but a shortage of housing really helps to inflate prices too.0 -
Question is, will QE end ?Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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