Martin North: House prices to halve on coronavirus

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Via Martin North come his new virus scenarios for property:

The video Q&A:

My base case is now a global pandemic based around winter periods. In my mind, that more equates to Martin’s global disruption scenario for assets. Even then I’ll be surprised if house prices fall that far in nominal terms. In real, over a longer period, perhaps.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.