Debate House Prices


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Deutsche Bank calls time on London prime property party

Couple of notes from the larger article...
That everyone strongly believes they will continue to go up further is a cause for anxiety. Still, timing any turn is hard and it has long been a losing battle to call an end to the froth in this market. But perhaps we are close to the turning point.
Valuations are high relative to history, falling interest rates cannot provide further support, and given current affordability home ownership cannot rise materially. London’s property is unlikely to enjoy the next 30 years as it did the last.

Or, they could be wrong and it may well be different this time.

http://uk.businessinsider.com/deutsche-bank-calls-the-top-on-londons-insane-property-bubble-2015-10?r=US&IR=T
«1

Comments

  • yet another thread dealing in someone else speculation on something for which there is already several threads.

    I think we should vote to stay in the EU and scotland should leave the Uk and corbyn is a nut job
    Left is never right but I always am.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    yet another thread dealing in someone else speculation on something for which there is already several threads.

    I think we should vote to stay in the EU and scotland should leave the Uk and corbyn is a nut job

    Didn't like the content then?
  • not read it
    Left is never right but I always am.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 24 October 2015 at 12:49PM
    not read it

    Oh right.

    You realise that nearly every single thread on this forum links up to an article for reference to what the discussion is about?

    So are you going to take issue in the same vein with all threads? Or just particular threads? Hence why I asked if you didn't care much for the content?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    I've been calling the top on London property since I had the chance to go 50:50 on my brother-in-laws Bermondsey council flat.

    That was 1994 and we turned it down because it was just too expensive - we could've had it for about £45k!

    Eventually someone will call the top and be right to much fanfare. I expect their correct prediction will come after many incorrect attempts to call the top. Bloomberg will invite them to share their expertise.
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    yet another thread dealing in someone else speculation on something for which there is already several threads.

    I think we should vote to stay in the EU and scotland should leave the Uk and corbyn is a nut job

    I think we should vote to leave the EU and Scotland should leave the UK and Corbyn is a nut job.
  • michaels
    michaels Posts: 29,133 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Sapphire wrote: »
    I think we should vote to leave the EU and Scotland should leave the UK and Corbyn is a nut job.


    Hmm - you two are sounding quite compatible - should I buy an 'at?
    I think....
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    michaels wrote: »
    Hmm - you two are sounding quite compatible - should I buy an 'at?

    No. We don't see eye to eye on the whole eu thing
    Left is never right but I always am.
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Oh right.

    You realise that nearly every single thread on this forum links up to an article for reference to what the discussion is about?

    So are you going to take issue in the same vein with all threads? Or just particular threads? Hence why I asked if you didn't care much for the content?

    Here's a link to somebody else's views on stuff which also may or may not be correct

    http://www.horoscope.com/us/index.aspx

    Discuss
    Left is never right but I always am.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Here's a link to somebody else's views on stuff which also may or may not be correct

    http://www.horoscope.com/us/index.aspx

    Discuss
    SATURDAY - OCT 24, 2015


    A letter or phone call concerning potential positive changes in your financial situation could have your mind buzzing over possibilities for the future.
    Hooray! :beer:
    Don't blame me, I voted Remain.
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