> property prices and rental yields are extremely precarious
I noticed you didn't say "declining" because that wouldn't be true.
I noticed you didn't say "declining" because that wouldn't be true.
1 Feb Guardian - house prices fall for fifth month in a row
1 March Guardian - house prices fall at fastest annual rate since 2012
The price-to-earnings ratio is 9X in London and around 5X in the rest of the UK.
Property speculation is always ten steps forward and one step back. Prices in the UK would have to crash by at least 50% to return to any kind of widespread affordability.
At least 2-3 years, anything less is too small a sample size. You could be highlighting a 10% decline after a 200% increase.