Dr. Alan Ahearne, an economist known for predicting the 2008 property crash, states that current rising house prices are likely to persist with no foreseeable decline. He also cautions against the dangers of over-reliance on foreign direct investment (FDI) for economic growth. Ahearne expresses optimism regarding the economy despite the challenges presented by the global context, particularly the implications of the Trump world order on international relations and economic stability.
Rising house prices show no sign of falling in the coming years, according to an economist who previously predicted the 2008 property crash.
Dr. Alan Ahearne warns against over-reliance on foreign direct investment, while expressing optimism for the economy amid the current global climate.
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