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okaycuckoo

Mortgage Possessions Predictions

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Charts 'n stuff pp.11-14.

The base scenario sees decrease in house prices in early 2011, 20% rise by 2015. Possessions will also rise.

The low growth scenario sees possessions exceed 2009, but that scenario is "not very likely". Oh really? Hehe.

Under the Base Scenario assumptions, the fall in court order rates is largely over in

the more Southerly regions but may have a little further to run in 2011 and 2012 in

most of the other regions as house prices rise. After 2012, the higher rates of

increase of earnings and house prices, and the lower forecasts of unemployment

rates in the more Southerly regions, imply a smaller rise in court orders in Southerly

than in Northerly regions, when mortgage interest rates start increasing.

The High Growth variant shows substantially lower levels of future court orders in all

regions. A Low Growth (and not very likely) economic scenario shows court order

rates rise sharply from late 2012, to exceed the 2008 peaks. Finally, in the Mixed

Scenario, because of the eventual upward drift of mortgage interest rates assumed,

court orders eventually rise even under the positive assumptions for the Southerly

regions.

www.communities.gov.uk/documents/corporate/pdf/1854950.pdf

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No interest? I thought this was HPC!

People more interested in nuclear meltdowns and teachers shagging their pupils?

...the summary quoted reads like a weather forecast ...and you tend to slip into a sleep while reading it....

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...the summary quoted reads like a weather forecast ...and you tend to slip into a sleep while reading it....

Nooo! You're supposed to get up and dance while the music's still playing.

I thought the number crunchers would come crowding in, like pigeons around a pensioner's bread crumbs.

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  • 312 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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