House prices

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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

From http://www.telegraph.co.uk/finance/econ ... uyers.html:

'The latest housing affordability index, published by Lombard Street Research (LSR) in conjunction with The Daily Telegraph, shows house prices are at their most undervalued level since the mid-1990s.'

I had to read the above a couple of times, as I was sure I must have misread it!

Unless house prices are about to start taking off again, I don't see how houses can be said to be undervalued!

Jeff
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superfrank
Posts: 2762
Joined: Fri Aug 14, 2009 8:28 pm

Jeff,

I think you'd enjoy this forum http://www.housepricecrash.co.uk/forum/ ... owforum=22.

It's not just about house prices but about the bigger picture... economics, finance, politics etc.

SF
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Thanks Frank. :)

Jeff
superfrank wrote:Jeff,

I think you'd enjoy this forum http://www.housepricecrash.co.uk/forum/ ... owforum=22.

It's not just about house prices but about the bigger picture... economics, finance, politics etc.

SF
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