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Phone In! - Radio 4. 3.00pm

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Just called in..

Can the Economy support such high house prices as mortgage repayments prvent the homeowner from spending into the economy. Was this shielded by the massive amount of equity released into the economy by mortgage equity release lending which tailed of massivly at the start of the year.

Is the slowdown in the high street a direct consequence of the massive debt we are in? Has debt and house prices pushed us into recession?

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Guest muttley

Just e-mailed

In view of todays figures from Rightmove.co.uk showing a 0.4% fall in prices for August,would potential buyers be better to adopt a "wait and see" strategy?

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Have just emailed asking if there was any chance of getting anybody on the panel that does not have a VI in talking the market up.

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Type in "radio 4" in google.  Click on listen live.

EDIT:  Start page link:

http://www.bbc.co.uk/radio4/

PS.  It all sounds typical VI ******** to me.  (Cardiff can only go up!)

Indeed, it's a university town don't you know, and we know from that highly spun piece from Halifax last month that universerty towns have, erm, actually risen below national average HPI.

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Someone asked how a FTB could reconcille decent salary with crazy London prices, not seeing how she could ever buy a place.

The panel's reply - shared ownership! - thats the way forward

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Someone asked how a FTB could reconcille decent salary with crazy London prices, not seeing how she could ever buy a place.

The panel's reply - shared ownership! - thats the way forward

Indeed, and we've seen how Housing Associations scam the valuations.

There's nothing that can stop the train now, we can only let it run its course.

Best not to frighten the passengers!

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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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