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ARENAPUA

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  1. If i was in my 20/30's I'd seriously consider moving abroad.
  2. Maybe because they know what's going to happen? Next step....extend the duration of mortgages to 50 years/intergenerational. I keep saying this - the Government/powers that be will NEVER allow anything other than marginal house price falls. Should have got in while you could - I've missed out, thinking the right thing would be done. I've given up hope on home ownership now.
  3. Of course - what else can they do? These big price drops ain't going to happen. Too much to lose.
  4. This is the US though, not the UK where the government will go to any length to preserve the house of cards status quo.
  5. I have to be honest, it's a real struggle to think of one, other than family. Once they're gone, unless there are significant economic and systemic, and geo-political changes, I really can't think of any. How did we get here?
  6. The Fed will pivot re interest rate rises, which will have a ripple effect here.
  7. Won't be allowed. They'll just push through the 50 year mortgages idea to keep things going. Preventing a crash by any means necessary is a non-negotiable policy for all parties now.
  8. Highly likely if people are complacent and keep quiet. Which they will be.
  9. Wake up. House prices are never going to be allowed to revert to the mean. After the lengths the government/BoE has gone to in the last 11 years to keep the Ponzi scheme afloat, nothing surprises me anymore. They’re going all in. Get onboard before it’s too late. At age 51 now, I am. https://www.dailymail.co.uk/news/article-10974931/Families-offered-mortgages-50-YEARS-pass-children.html?fbclid=IwAR0w8KKtJlnYGaquCbQatD91pEMlpzbrsNmb0UtT9_9rM8l-KetIyzEk3_E
  10. Deluded. Get off the hopium. Need forced sellers. This is different to 2008. Ain’t gonna happen.
  11. Correct. https://moneyweek.com/investments/property/house-prices/604661/will-uk-house-prices-crash-soon
  12. Ain’t gonna happen, the government won’t let it. Extended mortgage periods, increased multiple of salaries, inter-generational mortgages; Lloyds Bank, John Lewis and no doubt Blackrock soon will enter the frey and hoover up new builds @ 25% above asking price just like the US. I’ve been waiting too long for the right thing to happen, and have been repeatedly surprised at the extent to which the government/central banks will go to keep the debt based Ponzi scheme going. If you can afford to, you should buy.
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