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House Prices Fall By £30,000 In Just Four Weeks In Some Parts Of Uk - Telegraph

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Yes folks it looks like a repeat of what happened in 1990 is without DOUBT on the cards...

With headlines like this Desperate Dave must be poo pooing himself with elections round the corner :lol:

http://www.telegraph.co.uk/finance/personalfinance/houseprices/11293494/House-prices-fall-by-30000-in-just-four-weeks-in-some-parts-of-UK.html

My advice: make sure you pile in at the bottom so you don't miss out this time :)

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I'd like to see a crash as much as anyone on this site. However, I can't get too excited by this months figures. The fall in London prices will mostly be accounted for by the high end of the market adjusting to the updated Stamp Duty bands. Prices of properties in the top band are having to be reduced so buyers can afford to pay the higher stamp duty. If the falls continue beyond a few months, I may be a bit more convinced.

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Don't panic Labour-phobes.

It's all turning to $hyte in Russia -the global economic shock is going to hit long before the May 2015 target that the Tories have been clenching so hard to reach without an unfortunate, home made (and well deserved) accident.

Oily Dave will have someone else to blame it on and once again, it will be those nasty socialists.

.

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House prices fall by £30,000 in just four weeks in some parts of UK

"Some parts of UK" = London.

London - the City that dare not speak its name.

Edited by billybong

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I'd like to see a crash as much as anyone on this site. However, I can't get too excited by this months figures. The fall in London prices will mostly be accounted for by the high end of the market adjusting to the updated Stamp Duty bands. Prices of properties in the top band are having to be reduced so buyers can afford to pay the higher stamp duty. If the falls continue beyond a few months, I may be a bit more convinced.

See the London thread. I think the London fall has been gaining momentum for the past six months.

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