Ooops - house prices at record high ;)

[Whorty]

Mini house-buying boom leads to highest ever monthly price - BBC News

[Old Greg]

Mini house-buying boom leads to highest ever monthly price - BBC News

Pricing assets denominated in a failing state currency has limited meaning.

Halifax HPI was about 6% higher in € terms when I sold up in the UK 5 years ago.

[AtW]

In gold bars house prices are falling rapidly!

[TheGreenBastard]

Pricing assets denominated in a failing state currency has limited meaning.

Halifax HPI was about 6% higher in € terms when I sold up in the UK 5 years ago.

I think you have that the wrong way around for the majority, most people aren't privileged enough to flip flop between EURO/GBP, so local purchasing power is what matters.

Seems to me the fact of the matter is appreciating assets like real estate are a good edge against currency fluctuations.

[AtW]

most people aren't privileged enough to flip flop between EURO/GBP

They won't be after 1 Jan 2021

[Old Greg]

I think you have that the wrong way around for the majority, most people aren't privileged enough to flip flop between EURO/GBP, so local purchasing power is what matters.

Seems to me the fact of the matter is appreciating assets like real estate are a good edge against currency fluctuations.

How dreadful for them. Let's hope they didn't do anything unfortunate to compound their troubles, like voting for Brexit or electing a buffoon just before the worst global pandemic in a century.

[Whorty]

In gold bars house prices are falling rapidly!

My house is built out of gold bars Win-Win

[WTFH]

Let's keep them climbing for a few weeks.

[Old Greg]

Let's keep them climbing for a few weeks.

You've said it now.

[Paralytic]

Mini house-buying boom leads to highest ever monthly price - BBC News

House prices will never get above $60 - that the ceiling.