Forex Books Talking

174,671, with the starting point for the house prices forecast being my interim forecast as of July 2013 and its existing trend forecast into Mid 2014 of 187,000. Therefore this house prices forecast seeks to extend the existing forecast from Mid 2014 into the end of 2018 i.e. for 5 full years forward.

for a 55% rise in average UK house prices by the end of 2018 would translate into a 9% reduction in the forecast outcome to approx for a 46% rise by the end of 2018.

The bottom line is that house prices are going to continue to get ever more expensive where those who are waiting for a crash to more affordable levels will continue to regret not buying as

the only way housing can even start to become more affordable is if the UK literally triples the number of new builds each year from approx 140,000 per year to 400,000,

something that is just not going to happen as it would literally mean the government undertaking to build a new major city EVERY YEAR! Instead it has been over 40 years since the last new town let alone city was built.

So in my opinion I think it is inevitable that eventually the government will be forced to build a series of new towns that will grow into new major cities that should be announced over the coming years,

which whilst encouraging economic growth will however also encourage further mass immigration, so even a series of new towns and cities may only make a marginal short-term difference to UK housing market affordability ratios.

And where the Barclays 100% (90%) mortgage is concerned, it is just another step towards reaching that ultimate bubble phase, and we all should know what follows the bubble

So don't forget that at the end of every bull market lies a BEAR MARKET, just as I warned in the months leading up to the August 2007 bubble peak that the

clueless mainstream press remained blind to for at least another YEAR! With garbage headlines for a soft landing rather than the unfolding CRASH!

The UK Housing market is expected to decline by at least 15% during the next 2 years. Despite the 2012 Olympics, London is expected to fall as much as 25%. UK Interest rates are either

at or very near a peak, as there is an increasingly diminishing chance of a further rise in October 2007. After which UK interest rates should be cut as the UK housing