Wow!
Ok I am sorry and I have to apologise. Been quiet for quite a while, but have been travelling a bit, went on vacation for long and been quite busy with my work.
Also, have been quite shocked at what happened recently in the world. Probably about to recover as I write.
To summarize:
Freedie and Fannie went […]
Length of real estate bear market
There was an interesting table on the FT last Saturday that reported the length and extension of house prices drop (the bear market) in 15 economies since 1970 (mainly Europe, USA + Japan, Korean, New Zealand and Canada).
On Average, the bear market has lasted 6+ years, and the prices dropped between 16% (Canada) and 50% […]
UK house prices set to drop 15% over two years
The FT reporting some pessimistic expectations on UK house prices for the next couple of years. 15% down + 5 / 6% inflation makes it a drop of 20+%. The article is free, and worth reading. FT.
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