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Why You Should Be Worried About The Us Property Market

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The US economy sits on a knife-edge and the world economy waits with baited breath. As Roger Bootle recently said "World growth is too dependent on the USA. US demand is too dependent upon the consumer. The US consumer is too dependent upon capital gains from housing."

So it does seem that at this point, at the start of 2006, the whole world economy is simply dependent upon the US housing market continuing to boom.

part of the money week morning e-mail.

http://firstrung.co.uk/articles.asp?pageid=NEWS&cat=47

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The US economy sits on a knife-edge and the world economy waits with baited breath. As Roger Bootle recently said "World growth is too dependent on the USA. US demand is too dependent upon the consumer. The US consumer is too dependent upon capital gains from housing."

So it does seem that at this point, at the start of 2006, the whole world economy is simply dependent upon the US housing market continuing to boom.

part of the money week morning e-mail.

http://firstrung.co.uk/articles.asp?pageid=NEWS&cat=47

Absolutely correct! That is precisely why Al Greenspan began loosening credit several years ago--HPI was his formula to avoid recession. It worked--------for awhile.

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  • 335 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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