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RIP

Fed Res And Ucla Not In It For The Long-term

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Housing Slowdown May Claim 800,000 Jobs, Report Says

http://articles.news.aol.com/business/arti...207115309990011

"The forecast said eight of the last 10 economic recessions were started by housing market slowdowns" - yes, no "recession" trigger needed thank you.

Fed Study Sees Sharp US House Price Drop As Nation Ages

http://aolsvc.news.aol.com/business/articl...990017&cid=1210

"Following the 2005 peak, house prices decline over 30% in value over the next 50 years." - FIFTY?

Reg

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Anyone buying property today as a 'pension' really does need their cranial cavity examining.

ian,

You do realise that makes no sense? I mean, what's to examine?

On a similar theme my nephew said he wanted a basket ball hoop and stand for Xmas - all of £300. "THREE HUNDRED BLOODY QUID FOR A HOLE ON A POLE!" said I.

Interesting articles RIP. Thanks for posting. The first merely supports what we've been saying here for a long time: the trigger will be almost unidentifiable.

The second just shows how an argument can be constructed that, if taken on board, would crash property quickly if only it were more liquid. But we aren't averse to waiting.

Edited by Sledgehead

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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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