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rantnrave

Land Reg Dec

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They wont want to show the outside of London HPI, looks a sorry state for most of the country. Especially north of London. <_<

They wont want to show the outside of London HPI, looks a CONTINUING RECOVERY FOR most of the country. Especially north of London. <_<

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City of Nottingham 0.0 MOM......-0.5% YOY...further real falls and another nadir on this index. Must be something like -50% real by now, some boom. And typical of many northern cities.

And I guess there are some bears in these cities still waiting for the crash because like a frog boiling they never noticed and confuse the London boom with the whole country.

I suppose a 9 year long crash for the city since 2005 is harder to spot than if it had happened in a hurry.

Don't think it will last with what has happened a few miles south. £83872 average price.

Edited by crashmonitor

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The Retail Price Index was 207.3 in Aug 2007 and by Dec 2013 it had risen to 253.40 (When they said inflation was falling).

So if you hand over £253k for a house now it's in pounds only worth £207k compared to 2007, down 22%. If the house was £207k there would be a queue around the corner for it?

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