2min chapter

Many Happy Returns cover image

Surreal Estate: How far will house prices fall?

Many Happy Returns

CHAPTER

Price to Income Ratios - What's an Optimistic Case?

The house price to income ratio is pushing 7% in the UK, which is the highest it's been since 1980. So if you extrapolate those two variables, our central case is that the house price toincome ratio kind of drifts downwards slowly. The pessimistic case is that it's going to fall by about 7% per year. That doesn't seem unreasonable as a pessimistic case to me. I think we'll just bring us back into line with where we were in the mid 2010s.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode