House Prices
13 April 2004, 10:09 AM
#31
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I see Tony Dye (economist who correctly predicted the early 90's crash) is predicting a 30% fall in house prices over the next 5years.
Problem is they've risen so much in the last 5years, that even after a 30% fall they'll still be bloody expensive! And of course cheaper properties wont be falling 30% due to there being so much demand at that end of the market.
Problem is they've risen so much in the last 5years, that even after a 30% fall they'll still be bloody expensive! And of course cheaper properties wont be falling 30% due to there being so much demand at that end of the market.
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