House Prices Again – Is it a bubble or not

May 3, 2010

I overheard two people talking about their land valuations today – we got them in the post yesterday.

One said to the other that he was surprised to see his land had gone down in value over the year.  The other agreed, saying that he had read in the papers forecasts of houses being worth millions of dollars in 20 years, or some such stuff. Read more