Astrology and News
When will the UK housing market recover?
Or rather, when will the UK housing market hit rock bottom? In my opinion, optimistically 2012, pessimistically 2015. We should therefore expect another four to seven years of falling prices, though of course there’ll be blips on the way.
One way of understanding house price movements is to look at the twenty-year Jupiter-Saturn cycle. The current cycle started in 2000, and reaches its half-way point in 2010 and 2011.
Right now, Jupiter and Saturn are about 135 degrees apart, and Jupiter is moving retrograde. It’s a time of great negativity, and the future seems incredibly bleak.
However this 135 degree aspect won’t be in force for very long, and Jupiter and Saturn will be moving towards a more favourable, 120 degree aspect, which becomes exact at the end of November 2008. In other words, I don’t think short-term sentiment is going to get a lot worse, and from early September onwards, when Jupiter moves forward, there might be a feeling of relief.
So it’s quite possible that at the end of 2008 the housing market stabilises. There might be a feeling that the immediate panic is over, that the credit-crunch isn’t the big deal that everyone was making it out to be.
We could then see a period of calm, where things appear to be getting back to normal - and we might see a short-term rally, as buyers pick up supposed bargains. However I believe it’s only a respite. In 2010 and 2011 Jupiter is opposition Saturn, at an angle of 180 degrees, and it’s at this stage that I think house prices will really start falling.
The market could bottom out in 2012, when Jupiter and Saturn are 45 degrees apart. But more likely, it’ll be 2015, when they’re 90-degrees apart - at this stage I expect confidence will slowly be returning to the market, and it’ll be easier to look at the future with a sense of balance.