I was asked to comment on UK house price predictions in City AM this week, where there was a debate around what analysts predict and what property agencies are seeing on the ground. Here’s my thoughts on the wide-ranging predictions:
“Perhaps the only thing more vulnerable to manipulation than statistics is forecasts, and the assumptions they are based on. It is hard for any of us with knowledge of the market to make totally unbiased forecasts.”
What do you think? Would you rely on the forecasts mentioned in the article? Let me know here.