Listen now | A surprisingly reliable 18-year cycle in the UK property market says house prices will crash in 2026. Dominic Frisby explains how it works.
Re new builds versus period properties, my travels locally most definitely concur. Some new estates, it seems almost every other house has a for sale sign. I went past a fairly recent apartment block and you could have made a reasonable bonfire with all the estate agents signs clumped together. A big “don’t buy here” sign if ever there was.
How old does your property have to be before it passes from
‘New-build’ into the ‘period’ bracket?! Are they classic, like cars, after 25 years?!!
"Six hundred quid for a house!" £600 pounds of Great British Pounds of Sterling silver, no?
Today £304 per pound of silver x 600 = £182,400
"Silver was eliminated altogether in 1947, except for Maundy coinage, which returned to the pre-1920 92.5% silver composition. The 1816 weight/value ratio and size system survived the debasement of silver in 1920, and the adoption of token coins of cupronickel in 1947."
Err, not in my book. In summer 2022 the US Congress will make it illegal for politicians to own any stocks due to 'ethics' and they will all sell their bags at the top as they're all angels aren't they? The chickens are going to come home to roost in Autumn 2022. Everything's looks to be parabolic again, the politicians media buddies will write all sorts of urgent stories about hyper-inflation and if you don't buy stocks and houses now, you'll never afford them. "Get that 2-bed flat for a million! as next year, well" The Dow Jones, Nasdaq will reach their 4.2 Fibonacci extensions simultaneously. The FED will multi-hike. And the 25 year balloon will pop. Irrational exuberance never left us.