Hope the house prices go down like this :)Powered by IA :)
Ladies and Gentlemen,
Today, we stand at the precipice of potential and possibility. The image before us, a chart that speaks in the language of peaks and valleys, offers us a glimpse into the future, a prediction not taken lightly.
What we see is a story of growth, a narrative of ambition traced along the upward trend of this price channel. The slopes of this graph are not just lines but the embodiment of human endeavor and market forces, intertwined in a dance of numbers and dreams.
As the blue line ascends within the bounds of the channel, we're reminded of the resilience and adaptability that are hallmarks of our financial markets. The channel's support and resistance lines serve as a testament to the natural ebb and flow of prices, reflecting both exuberance and caution.
Yet, here we are, at the zenith of the channel, where the price hovers with anticipation. The arrow, pointing downwards, may signify an impending change, a shift that whispers of cycles and seasons in the economic sphere. It suggests a time to pause and reflect, to consider the gravity of decisions and the weight of consequences.
This prediction, while rooted in analysis and expertise, also holds within it the unknown. It is a reminder that while we can chart a course through the seas of market speculation, the waters are ever-changing.
As we embark on the journey ahead, let us do so with vigilance and wisdom, drawing upon the rich tapestry of data that guides us. May our strategies be sound, our risks calculated, and our spirits undeterred by the tides of uncertainty.
In closing, let this price prediction serve not as a crystal ball, but as a compass — guiding us through the markets with informed perspectives and a steady hand.
Thank you.
GBHPI trade ideas
Where there is smoke there is 🔥 UK 🏠 prices continue to fallEveryone hates paying higher prices for the things they need, so Nationwide reporting that houses continue to get cheaper is welcome news.
Listen if you got shilled into overpaying for your 🏠 have a chat to your agent but it’s okay if you can afford it… However most can’t. The Bank of England's ZIRP and QE debt-fueled housing bubble Ponzi scheme of the last 13 years is over, and it isn't coming back.
UK House prices have toppedUK house prices seem to have topped and look likely to correct to uptrending support. If history repeats (like 2008) then it will take 19 months for the retracement to complete. If you are looking to buy a house in the UK then you are advised to wait until April 2024, and buy the bottom. If we enter a protracted recession / depression then house prices may fall to the 2008 high.
My estimate for UK house price retracement is 19-20% at best, with up to 33% at worst. Hold on.
ECONOMICS:GBHPI