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Unbelievable, after a reported drop of -3.7%, Wrigglesworth then goes on to say it’s been one of the worst years since the 90's recession, at least another year of stagnation before house prices move significantly up. How on earth can a -3.7% drop be referred to as stagnation??

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Unbelievable, after a reported drop of -3.7%, Wrigglesworth then goes on to say it’s been one of the worst years since the 90's recession, at least another year of stagnation before house prices move significantly up. How on earth can a -3.7% drop be referred to as stagnation??

Remember Alice in Wonderland?

The Queen, iirc, "Words will mean what I want them to mean" or to that effect.

Spin, propaganda, the policians' speeches, all evidence of this truism.

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Unbelievable, after a reported drop of -3.7%, Wrigglesworth then goes on to say it’s been one of the worst years since the 90's recession, at least another year of stagnation before house prices move significantly up. How on earth can a -3.7% drop be referred to as stagnation??

Bulls are "glass half-full" types. 3.7% isn't that bad, just hovering around zero!

(but you forgot to add in inflation and spread between asking/selling......)

I think it is their turn to take on the role that the overly bearish have had for the past few years. I.e. "it's going to turn very soon". They probably have as long to wait as uber-bears who called it 4 years ago.

Edited by Smell the Fear

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  • 301 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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