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drrayjo

This Could Be The Calm Before The Storm Before Prices Dip Again, Warn The Experts.

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Not my words, the words of Top Tory Magazine, The Telegraph.

Bit of an EA puff piece really but lovely herd-spooking potential herein;

http://www.telegraph.co.uk/property/buyingsellingandmoving/7741161/Selling-houses-How-to-survive-election-fallout.html

With the current trickle feeding of bad news to educate the sheeple, I'm beginning to form the opinion that the new coalition realise that we cannot recover until house prices return to a sustainable level and would rather engineer the collapse to get it out the way as soon as possible rather than see it blight the whole of this parliment.

More power to thier elbow I say, although I dont think it's going to need a very big shove to make it happen, a tickle should do it. :)

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Allow debtors to default, and fill the holes in the banks under secret emergency support legislation using new money.

That way, depositors will still find their money available on demand, you can have debt deflation without mass banking failures and also build in some nice inflation to deal with sovereign imbalances. In fact, it effectivly recapitalises the banks and slashes the state debt.

Reading the output of the Telegraph and financial press recently, if they wanted to set us up for debt deflation combined with monetary inflation, they couldn't have made it clearer. As all fiat money is nominal, the problem has always been about the imbalance between capital and debt - wouldn't it make sense to fix both together?

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Not my words, the words of Top Tory Magazine, The Telegraph.

Bit of an EA puff piece really but lovely herd-spooking potential herein;

http://www.telegraph.co.uk/property/buyingsellingandmoving/7741161/Selling-houses-How-to-survive-election-fallout.html

I think many EAs realise the game is up and there are no more willing cash buyers....Im a 'potential' cash buyer and Ive had various EAs really putting the squeeze on over the last 2-3 weeks...

Although they wont admit it, they know whats about to start happening....significantly more supply...meaning the stale properties will start cutting price so as to stand out in the crowd...some more forced sellers aswell....soon the only ones left will be the stubborn baby boomers desperate to 'get a fair price' to finance retirements and give the kids a deposit .....and pay off the BMW M3 (daddies little present to himself)

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I think many EAs realise the game is up and there are no more willing cash buyers....Im a 'potential' cash buyer and Ive had various EAs really putting the squeeze on over the last 2-3 weeks...

Although they wont admit it, they know whats about to start happening....significantly more supply...meaning the stale properties will start cutting price so as to stand out in the crowd...some more forced sellers aswell....soon the only ones left will be the stubborn baby boomers desperate to 'get a fair price' to finance retirements and give the kids a deposit .....and pay off the BMW M3 (daddies little present to himself)

OHH, you are bitter.

But probably correct, so smile :)

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Movement of money houses is good for employment the tax man and the economy...any excuse/reason to get things moving/selling can only improve the overall situation we are finding ourselves in....it's a numbers game ;)

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  • 277 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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