Property Prices Are Unpredictable, Unlike Balls

Watching Wimbledon has lead me to realise the amazing capabilities of my computerized name sake, Hawkeye , to show the exact bounce of a ball.

Inch perfect, and able to predict the exact future trajectory of a ball.

It is so beyond the ability of the human line judges and referees that we should just get rid of the lot of them and leave it to the robots.

It has made me feel rather stupid and inferior, and 'very human'.

When it comes to predicting the future of property investing and any wider economic predictions it has also made me realise how the outcome of these will be affected by a 'very human' factor.

The economic crisis we find ourselves in was caused by 'very human' illogical behaviour, greed, that a computer could never of predicted.

When it comes to a recovery in house prices it will come down to a 'very human' sentiment to whether to start buying property again, or not, desire.

So don't listen to the statistics, the computers, the graphs, the analysts - they are all guessing, for neither machines or humans can calibrate desire or greed.

Humans are unpredictable unlike balls.

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