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The Crashers v the back to normal by christmas protaganists remind me of the Early Swervers v The Work to Ruler… https://t.co/HTFOVbbf5F
— Real-Estate Land Development Limited (@RealEstateLand3) May 25, 2023
— Real-Estate Land Development Limited (@RealEstateLand3) May 25, 2023
Me, 8 months ago: “35% average price falls will take 2-3 years to complete downward movement”
Property market Muppets today: “where’s your 35% price crash then Charlie?! 😂😂😂😂😂”
I think we have the answer as to why a lot of those investors are going to lose a lot of money.
— Moving Home with Charlie (@moving_charlie) May 26, 2023
Then Look at 2009 -2010
Volumes fall off but prices maintain in real terms. pic.twitter.com/tu1oNsc2iJ— Real-Estate Land Development Limited (@RealEstateLand3) May 26, 2023
Looking at Mortgage approvals Cures and transaction volumes.https://t.co/L7Bw0HsdSK pic.twitter.com/nMcxWwa6x3
— Real-Estate Land Development Limited (@RealEstateLand3) May 26, 2023
And Wage Growthhttps://t.co/fWudlTRcnW pic.twitter.com/GNmtWtYi8C
— Real-Estate Land Development Limited (@RealEstateLand3) May 26, 2023
There is a dominant Macro context to the past 3.5 yrs , dominant variables include Mortgage lending and New house building , with respect to driving prices higher. The flip side is that Volumes contract in a much larger part of the Established stockhttps://t.co/tdxnlx8kRB pic.twitter.com/5NrrZFLxmo
— Real-Estate Land Development Limited (@RealEstateLand3) May 26, 2023
sorry for the long sequence I highly recommend as you have before charlie , The Build Place web site which has Instat info and this excellent series on multiple housing crises https://t.co/7sCG7k8syp
— Real-Estate Land Development Limited (@RealEstateLand3) May 26, 2023