Re: Re: Can the Uk defy: Ire, Spain, US, France, UAE, East Eur e

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Interesting post Pablo, I signed up for the free email newsletters.

IMO Merryn Somerset Webb has been pretty accurate with forecasts and views in the past.

I wonder if it really is feasible for UK property to fall by 50% in the future, perhaps triggered by events elsewhere? We’re constantly told that the UK needs to build more houses to satisfy demand, unlike Spain for example where they oversupplied.

I have noticed that sensibly priced UK property seems to sell fairly quickly, whereas the overpriced ones stick for ages before eventually being reduced. Whether it’s the Agents’ or vendors’ valuations that are wrong is not really clear.