Chart seems to end in 2008, likely has pared back a little already.
We could be ready for another almighty jump to say 600 or six times the equivalent 1890 price, or we could lose a third to a half back to the long term average, like most of the US and Europe.
Technically, the latter is likely.
Am I stating the bleeding obvious?
- Forums
- Property
- where housing investors could come unstuck
Chart seems to end in 2008, likely has pared back a little...
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Peter Batten, MD
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