Is the U.K. Housing Bubble About to Pop?
In this report I cover the early market action from London on Monday, August 20th, 2018. I look briefly at the precious metals, the stock market, the dollar, the emerging markets and the bond market.
I also look at the U.K. housing market and an article on Bloomberg News that reports the biggest drop in house prices for August since Rightmove started publishing the data back in 2001.
My conclusions are that even though house prices are slowing we are not certain yet whether this move in August is just a blip or the start of something more extreme like we saw back in 2008.
"U.K. Home prices Dip": https://www.bloomberg.com/news/articles/2018-08-19/u-k-home-prices-dip-with-london-leading-late-summer-sale
maneco64 store: https://teespring.com/en-GB/stores/maneco64
▶️ DTube
▶️ IPFS
"Och aye, althoogh Ahh dornt keep tay close a track oan th' hoosin' markit, Ahh mostly watch th' ship markit, which ay coorse has bin fallin'. Ahh was lucky wi' mah cottage in Elgol, Scootlund as Sally May an' Ahh paid it aff in silvers! 'Att was a guid year! Ahh hud th' stoatin fortune ay findin' a Portugesian slave camp in th' West Indies which Ahh raided tae a tune ay several thoosain oonces ay silvers! Arrrr! That was braw sailin!" -Captain Joshua Slane
https://steemit.com/silver/@joshuaslane/silver-adventures-of-captain-joshua-slane-20au18-chartwork
I love London. But Hotel,Restaurant, everything is expensive. Will the prices go down along with real estate ?
Post successful Resteem
Posted using Partiko Android
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
I think we have been here before when i was a kid,
"I used to like to go to work but they shut it down
I've got a right to go to work but there's no work here to be found
Yes, and they say we're gonna have to pay what's owed
We're gonna have to reap from some seed that's been sowed"