Debate House Prices


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The Next Crash

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Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Business, most viewed article in The Telegraph as at posting;


    http://www.telegraph.co.uk/business/2016/09/18/bis-flashes-red-alert-for-a-banking-crisis-in-china/


    China facing full-blown banking crisis,
  • Conrad wrote: »
    Business, most viewed article in The Telegraph as at posting;


    http://www.telegraph.co.uk/business/2016/09/18/bis-flashes-red-alert-for-a-banking-crisis-in-china/


    China facing full-blown banking crisis,

    If China contiue this crisis then a lot of Chinease property owbers in London will want to sell fast. Could be the avalanche of sellers that is looming.....
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Electrum wrote: »
    If China contiue this crisis then a lot of Chinease property owbers in London will want to sell fast. Could be the avalanche of sellers that is looming.....

    Cue next thread on falling house prices in the UK (=London).....
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • malkie76
    malkie76 Posts: 6,170 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Electrum wrote: »
    If China contiue this crisis then a lot of Chinease property owbers in London will want to sell fast. Could be the avalanche of sellers that is looming.....

    Surely the opposite ? Clambering to buy assets outside of China may have the opposite effect to what you suggest.

    Crystal balls etc etc etc
    Legal team on standby
  • AG47
    AG47 Posts: 1,618 Forumite
    Nothing has been fixed since 2008, it was just pushed into the future
    Nothing has been fixed since 2008, it was just pushed into the future
  • BobQ wrote: »
    Cue next thread on falling house prices in the UK (=London).....

    That's already happening
    The thing about chaos is, it's fair.
  • AG47
    AG47 Posts: 1,618 Forumite
    Electrum wrote: »
    If China contiue this crisis then a lot of Chinease property owbers in London will want to sell fast. Could be the avalanche of sellers that is looming.....

    The wealthy Chinease are going to be pulling capital from everywhere they cn, yes indeed London property will need to be sold in an avalanche by the wealthy Chinease London property owners
    Nothing has been fixed since 2008, it was just pushed into the future
  • The-Joker
    The-Joker Posts: 718 Forumite
    The next crash is inevitable, only a very stupid person would try and argue that there will never ever be another house price crash ever again.

    But then thats the nature of the perm prop bulls.
    The thing about chaos is, it's fair.
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