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If bubbles were predictable, they wouldn't be bubbles. Everyone claims they're in a housing bubble when prices rise for years on end. They often aren't. Even
by mrmekon 9y ago
If bubbles were predictable, they wouldn't be bubbles. Everyone claims they're in a housing bubble when prices rise for years on end. They often aren't. Even when they are, literally nobody knows when they will break, or by how much.
Here's an article predicting the Stockholm "bubble" would pop in 2009: https://arbetet.se/2009/06/26/har-alla-glomt-90-talets-bostadsbubbla/ https://arbetet.se/2009/06/26/har-alla-glomt-90-talets-bosta...
And here's one predicting it in 2003: https://www.svd.se/prispress-okar-risk-for-bostadsbubbla https://www.svd.se/prispress-okar-risk-for-bostadsbubbla
And here's what it did: https://www.globalpropertyguide.com/template/assets/img/sweden-average-house-prices-4.gif https://www.globalpropertyguide.com/template/assets/img/swed...
So, if you followed internet advice, you would have pulled out of the market 15 years ago and still be waiting.