"Are we in a bubble? Just look at this graph, then answer the question. Here you can clearly see the last two house price crashes and the enormous boom that we have recently experienced. Who knows what the future will actually look like for this graph but we are well off the long run trend line which is worrying in itself."
It seems this is adjusted for inflation, though it seems incredible that house prices should be growing so much above general inflation. I've no clue what that indicates.
No comments:
Post a Comment