House prices

[Martin@AS Financial]

Nationwide House Price Index Feb 20

Key points:

- Annual house price growth edges up to 2.3%, the strongest rate for 18 months

- 0.3% rise month-on-month, after taking account of seasonal factors

Full report:

https://www.nationwide.co.uk/-/media...0/Feb_2020.pdf

[BrilloPad]

True. If the last 10 years has shown us anything, free money does not help an economy to grow. The markets are now realising this and rejecting free money. This is stiff drink time. This is why I'm bearish on QE & Gold.

In their own words the government of Hong Kong said the $1200 give away per person is aimed at stimulating the economy.

It always seemed odd to me that the problems of 2008 were caused by too much debt and the solution was more debt.

The only way forward I can think of is hyper inflation in wages but not asset prices.

Is hyper inflation that bad?

[scooterscot]

True. If the last 10 years has shown us anything, free money does not help an economy to grow. The markets are now realising this and rejecting free money. This is stiff drink time. This is why I'm bearish on QE & Gold.

In their own words the government of Hong Kong said the $1200 give away per person is aimed at stimulating the economy.

[BrilloPad]

Everyone is expecting money printing. Everyone is expected Gold to go through the roof.

I'm betting neither of those two things happen in the near to medium term.

I thought HK residents were being given money?

[GigiBronz]

Gold probably not yet but they'll be printing money faster than speed of thoughts.

Let's see US market open, THAT is where all the recessions start from. The core of the financial system.

But from how it looks there is an only one way it is going from here.

[scooterscot]

Everyone is expecting money printing. Everyone is expecting Gold to go through the roof.

I'm betting neither of those two things happen in the near to medium term.

[GigiBronz]

If housing market does not correct and after this potential bust we don't see a more fair capitalism I am seriously considering going and living in the woods.

[ChimpMaster]

Bridge Street market in the East End.

But their main problem will be one of supply, those of course demand will tail off too. Government will increase more money supply through waves of QE and BoE will drop interest rates to support Bridge Street market. It won't help much but will provide a bottom for the prices, though I don't expect punters to dive in and buy.

[original PM]

Guess which market corrects after a major crash in equities?

Fleetwood fish market?

Come on don't keep us all waiting.

[northernladuk]

Guess which market corrects after a major crash in equities?

Billingsgate?

[scooterscot]

Guess which market corrects after a major crash in equities?

[Hobosapien]

Have been pound cost averaging into cider. £5 a pint in some pubs. Others a more reasonable £3.

On the lookout for mulled cider now winter is finally here. Seen it in one place so far.

House prices ... looks like Gordon Brown was right after all, no more boom and bust.

[scooterscot]

Have been euro cost averaging into Ethereum since December. Up 20% in ~40 days

[AtW]

UK house prices rise at fastest rate on record | Business | The Guardian

Less than AMD shares jump in one good day