FB - ""beware the mother of all housing booms"Followed by the...

  1. 1,314 Posts.
    FB - ""beware the mother of all housing booms"

    Followed by the "mother of all housing busts"???"

    I actually agree with you on that FB. We are still catching our breath from the 2009 boom which was unsustainable, and would almost certainly cause a bust if it happened again now. Its simply too soon for another boom.

    Low wages growth, increasing unemployment - both happening as we speak - these two things alone will prevent a boom, even with zero percent interest.

    The costs of getting in and out of property mean it is always a long term investment, and the days of making a quick buck are gone in property, if you want to play the market, stick to shares.
 
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