Home   |   Browse       NEW: (hypothetically starring) VIC REEVES as LUKE SKYWALKER .. in "Waiting for Godot, the hollywood version".

A 50% drop in house prices across London and the UK?   Share:  
Thrust of argument: Paul Hodges tells Merryn Somerset Webb 'We've seen price falls in the housing market in the past in the early '90s and they went down 50%, and I think that we're at the start of that kind of decline now as I think, indeed, fairly soon we will be at the start of that in the stock market as well. As I say, I'm not depressed about this, because it's just something that we have to go through to get to reality'. Direction of resistance / implied resistance: Someone on the Keiser Report (Mitch Feierstein, who also writes at the Independent) suggested that a 90% drop will eventually come to the London and UK property market.


bp AT APPROX 466.45 bt AT APPROX 226.05 capita (at half strength)
AT APPROX 159.95 g4s AT APPROX 250.00 hammerson (at half strength)
AT APPROX 432.50 icag (at half strength)
AT APPROX 628.00 m&s AT APPROX 280.00 rbs AT APPROX 258.50 sage (at half strength)
AT APPROX 687.20 sainsbury AT APPROX 238.90 standardlife AT APPROX 366.10 vodafone AT APPROX 202.95 aaltd AT APPROX 79.74 acaciamining AT APPROX 148.80 aldermore AT APPROX     - arrowglobal AT APPROX 344.50 ashmore AT APPROX 390.20 bba AT APPROX 335.20 bca AT APPROX 156.20 boohoo AT APPROX 175.90 booker AT APPROX     - brewindolphin AT APPROX 344.40 browngroup AT APPROX 190.40 capitalandcounties AT APPROX 269.20 cybg AT APPROX 305.20 dominos AT APPROX 326.30 eigroup AT APPROX 120.00 esure AT APPROX 227.00 firstgroup AT APPROX 82.15 greencore AT APPROX 129.20 hastings AT APPROX 264.20 hochschild AT APPROX 206.70 inmarsat AT APPROX 394.00 intuproperties AT APPROX 214.50 ipgroup AT APPROX 110.40 iwg AT APPROX 232.40 johnlainggroup AT APPROX 259.80 mangroup AT APPROX 171.10 meggit AT APPROX 451.50 moneysupermarket AT APPROX 283.00 nostrum AT APPROX 290.50 patisserieholdings AT APPROX 368.00 photome AT APPROX     - purplebricks AT APPROX 364.20 pzcussons AT APPROX 220.40 rankgroup AT APPROX 217.00 rentokil AT APPROX 272.60 rotork AT APPROX 275.80 rpsgroup AT APPROX     - sig AT APPROX 137.40 south32 AT APPROX 187.80 spirehealth AT APPROX 218.40 stagecoachgroup AT APPROX 140.90 sthree AT APPROX 350.00 stmodwen AT APPROX 383.60 stobart AT APPROX 235.00 stockspirits AT APPROX 265.44 talktalk AT APPROX 109.10 trproperty AT APPROX 377.90 tullow AT APPROX 180.20 tyman AT APPROX 296.50 vectura AT APPROX 78.60 virginmoney AT APPROX 262.56



Enter your DOMAIN NAME to
collect this point:


Removal of resistance: Webb, Hodges, Feierstein and Keiser have a lot of wealth and success backing them. The way people write off their view as 'propaganda' is very disturbing. If the market depends on people with such views (i.e. that these criticisms are 'propaganda') - how can the market survive? It doesn't seem very shrewd. Unification: Being from the 'elite' I know that the assumption really is that those with might can hold on to might using might and therefore rationality doesn't have to be 'trusted'. Reason itself is ignored.

Michael Hudson is another man whose writings about the UK and world property market are very much worth knowing and understanding.
Rebut this point   Support this point   Edit this point

(TVhobo's estimated size of readership since 2013, mainly in the UK and USA, with Germany in third place:
over 200,000 readers across approximately 200 cities/towns


Copy/paste point into your work:

Type: Open statement

1 versions:

1. Server time: 11:1:14 on 12/1/2018

Related points:





previous point on the grid   |   next point on the grid


Click here to read about Shams Pirani, the editor and chief author on this grid - note, if you can actually prove anything written above wrong, I would gladly, if the proof is sufficient, correct what I've written and what I think - if I could, however, prove your attempted proof wrong, then I would accordingly say so and maintain whatever point of view is completely based on fact and proof.

Browse the index: 1 | 2 |3 |4 |5 |6 |7 |8 |9 |10 |11 |12 |13 |14 |15 |16 |17 |18 |19 |20 |21 |22