The 18-year house price cycle
Just for fun, using Nationwide’s numbers for UK house prices adjusted for inflation.
The previous three troughs were 18 years apart, +/- six months. The previous two peaks were exactly 18 years apart. If this repeats, the peak average house price will be over £300,000 (adjusted for inflation) in mid-2025, and then it will all turn to shit again.
Land Value Tax would sort out this nonsense.
Source: http://markwadsworth.blogspot.com/2021/07/the-18-year-house-price-cycle.html
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