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Mikhail Liebenstein

Daily Mail Announces Btl Boom

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Nutters!

I've posted.

Someone needs to post about how much they'll lose in capital values in the coming crash, maybe quote the halfax survey showing prices falling 1.2% per month on average, thats an average of £2000 being lost per month, rent is never going to cover that!

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Nutters!

I've posted.

Someone needs to post about how much they'll lose in capital values in the coming crash, maybe quote the halfax survey showing prices falling 1.2% per month on average, thats an average of £2000 being lost per month, rent is never going to cover that!

Whilst I am not so sure nominal prices will fall much (that would require total meltdown) , I can definitely see real prices falling with  house prices broadly flat whilst all other costs and wages rise ahead of them.

I know this point annoys some HPCers, but it is important to understand that the frontpage graph on this site is adjusted for inflation. In my view the whole monetary system is rigged and corrupt and won't allow prices to fall too much for fear of bankrupting the banks. We'll get QE3, QE4, QE5............QEN before they allow the banks to collapse.

Anyway, either way it makes houses a poor investment and makes the Mail and Express irresponsible.

Edited by Mikhail Liebenstein

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Nutters!

I've posted.

Someone needs to post about how much they'll lose in capital values in the coming crash, maybe quote the halfax survey showing prices falling 1.2% per month on average, thats an average of £2000 being lost per month, rent is never going to cover that!

Yep, that's the smell of burnt fingers, alright!

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  • 261 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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