Rat and Mouse
Wed
18
Feb
Rat and Mouse Golden Prediction Award goes to...

... Morgan Stanley, for their almost-exactly-on-the-money prediction of a 10% fall in house prices in 2008. Government figures - our own preferred measure - based on completions data and released today show a 10.2% fall.

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And Morgan Stanley's prediction for 2009?

Posted by mg at February 18, 2009 5:33 PM

Comments

In the summer, MS offered a two-year prediction (across 2008 and 2009) of a fall of 10%. So I guess it's possible to extrapolate they predict another fall of 10% in 2009.

Posted by Ben at the Rat and Mouse at February 18, 2009 10:02 PM


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