The Silent Panic - Very strange if it is true that large network investors are rushing to the exit , it is remarkable that prices are going up so fast.
Taffy not sure if my messages show up. I agree Peter Schiff was right about Gold, Detroit and short term property and equity slump post credit crunch. But Dow 2006 was at around 10 000 now 16 000, I think I would be quite happy if I had sat through it all. Given supply side constraint even if you are right and rise in UK interest rates triggers fall in some parts of the housing market, very difficult bar war or break down in world trade to see how london and SE housing prices will be lower in 2030 than they are now
Re Housing - I can recall my dad saying the housing boom was unsustainable in the 1970s , 4 boom and bust cycles later why should this be different