Breakfast tomorrow: Defending the 24% increase in house prices
I will be on Breakfast tomorrow (at 6.50am) defending Infometrics pick of a 24% increase in house prices over the next three years.
Although the last pick was a little off, house prices still only feel a little bit more than we stated (falling 10% vs our 5% – although if you look at median house prices the decline was only 5.4% :P) and this was really the result of a collapse in credit markets – something that had not fully eventuated at the time. Once the credit crisis stepped up following Lehman Brothers we moved into the 10% fall camp.
Anyway, feel free to complain about things I say here – until I get a post up discussing what I went over.
for those who want to re-live the magic prior to Matt’s appearance tomorrow morning
http://www.tvhe.co.nz/2008/10/29/matt-nolan-on-breakfast-relive-the-magic-the-hair-and-the-hairy-prediction-about-the-property-market/
@agnitio
There is already a link in the frikken post …
MySky – set.
@Matt Nolan
haha, I should have read your post properly, I was just so excited…
So excited that you MISSED it? 😛
Er, Matt, five percentage points is not “a little bit”.
@fibby
😛
I always forget that sarcasm doesn’t translate very well in written text. However, I stand by the arbitrary excuses I made 😀
@goonix
I’m a bad person I know….
Although is taping it so you can watch a football game that much better than sleeping in and the watching it online?:P
I missed 5 minutes of the match for that interview! (albeit after the half).