THE TELEGRAPH
Fears of a 'massive' global property price fall amid 'dangerous' conditions and market slow-down
By Szu Ping Chan and Isabelle Fraser
http://www.telegraph.co.uk/business/201 ... onditions/
Property prices have climbed to dangerous levels in several advanced economies, raising the risk of massive price falls if markets overheat, according to the Organisation for Economic Co-operation and Development (OECD). ...
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Fears of a 'massive' global property price fall ...
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- Lemon Half
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Re: Fears of a 'massive' global property price fall ...
Only when interest rates go up and unemployment starts to rise....sometime in the future without doubt but who knows when?
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- Lemon Slice
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Re: Fears of a 'massive' global property price fall ...
Property prices have climbed to dangerous levels in several advanced economies, raising the risk of massive price falls if markets overheat, according to the Organisation for Economic Co-operation and Development (OECD). ...
It's just part of the global asset pricing bubble, resulting from pumping money into the economy. I sold quite a lot of equities in 2016 - OK I missed the recent price rises, but I'm more concerned about losing money at the moment.
When things change, as they always do, I can't see this asset bubble deflating slowly.
Re: Fears of a 'massive' global property price fall ...
everyone needs a roof over their heads, so as long as people multiply and houses remain the same, prices will go up. However in the UK, post brexit, if all these immigrants start going home, and less students/people come to work, the demand will go down, and so will the prices. London prices are crazy anyway, last time I checked the purchase cost was so high that any return (rent income) was very low as a percentage.
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