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Dt: Hpc Imminent


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HOLA441
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HOLA444

The argument that lower house prices would mean more income on the back of higher transactions is generally wasted on EAs

'The very hungry caterpillar' is generally wasted on EAs

Edited by Si1
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Also The Times online last week had piece predicting there would be a ''glut of properties on the market as BTLers will sell off 500,000 houses over the next 5 years'', as it's subscription only though I've seen it receive little to no comment either here or anywhere else.

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They only argument that matters is the availability of credit.

And the number of houses. I know someone who bought in Spain recently their mortgage is 25 years and £160 pcm! Credit is quite easy as they didn't have a job or deposit and still got it. So obviously if you have enough houses then prices are cheap even if anyone can get a mortgage.

(I was paying more rent than that 20 years for a room in the UK.)

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