| From Propertysecrets.net: The great bete noir of property investors - Roger Bootle (he who forecast 25% falls in house prices over 4 years ago - since when prices have risen rapidly) is back! He adorns the Daily Telegraph with his column and is feted for his wisdom and foresight - just 4 or 5 years out of whack by timing!
However, Roger's come-uppance hasn't fully arrived yet. Even during these terrible times and complete lack of credit, house prices have fallen (on an annual basis via the land registry) a mere 1%. That is 96% less than Roger's forecast. .... Full Article: Source
|