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Old 24.08.2016, 23:50
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Re: Any feelings out there about property prices?

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And for CH:

Those graphs are pretty much meaningless. "USA housing market"? What's that? "Australia housing market" — perhaps even more nonsensical, with housing prices fluctuating widely between cities, driven in some cases by an unsustainable resources boom that didn't apply in all areas. "Tokyo housing market", yes, that makes more sense, and the comparison to a "Japan housing market" that has behaved very differently underscores my point very nicely. "CH housing market" — the dynamics of the market in Gstaad are very different to those of Lausanne.

You simply can't generalise across vast (or small) countries comprising multiple, almost disparate housing markets. A bubble in Manchester doesn't necessarily translate to a bubble in London — the two markets may even be almost independent.

Last edited by 22 yards; 25.08.2016 at 00:38. Reason: Coupla corrections
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