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Are House Prices Falling In Economic 'savvy' Areas?

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In the past couple of months there seems to be a gap occuring between HPCers in different parts of the UK. Some are reporting sizeable price drops but little selling whilst others, such as myself are reporting price rises, houses selling or things just remaining flat.

I have noticed that the price drops are often in parts of the country that are predominantly private sector employers and the flat prices/price rises are in parts of the country that are predominantly public sector employers.

So, is the reason for this, perhaps, because of the pain felt by one sector but not felt by the other manifesting itself in geographical areas. Are the people in the price fall area just more economic 'savvy' - not because they are in the private sector but just because the private sector has been feeling the economic pain for longer?

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  • 443 Brexit, House prices and Summer 2020

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