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Summary
DARREN J WILSON © Property Share Market Economics 7 Reasons why house prices did not - and could not- collapse in the Pandemic. (Like everybody said they would.) In about March of 2020, economic activity just about everywhere went off a cliff. The usual recession indicators - unemployment, prices, building activity to name a few - just about went vertical. Upwards or downwards as the case ma
Key Claims
- DARREN J WILSON © Property Share Market Economics 7 Reasons why house prices did not - and could not- collapse in the Pandemic. (Like everybody said they would.) — confidence: high
- Source; Ascendent Strategy AND THE NEXT COLLAPSE? When will the next collapse come, I hear you ask? This is not hard to work out. It’s what I specialize in over at Property Sharemarket Economics (PSE). It’s the Boom Bust Bulletin that I write. If you’d like to know more about the exact timing, go here. Best wishes, Darren J Wilson and your Property Share Market Economics team. © Property Share Market Economics 9 By Darren J wilson — confidence: medium
Notable Quotes
“And it’s also exceedingly important that you do know why, too.”
“Harrison points out: “Always the boom would reach the point at which speculators could not earn enough in rent to pay the interest on their loans.” (This comment was based on Harrison’s 2005 Boom/ Bust UK book.”
“(Not always an easy thing to do in London.) There are some costs on top of that.”