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Strangely familiar bear food from the past

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Mail - December 2002

"They point to continuing low interest rates and property shortages as reason for prices to go on rising"

"The average price in Greater London has fallen back by 3.5 per cent in six weeks, to £241,358.

The fall has been led by expensive boroughs such as Kensington and Chelsea - where prices are down 14.4 per cent over the quarter"


FT - July 2004

60% of £1m+ transactions in London are cash and depend on confidence and stock markets / bonuses, London broadly flat after 9/11/2001 until recently, low interest rates driving prices elsewhere...



At lot of this stuff sounds all too familiar.

The crash did come, eventually... but didn't play out how many of us expected.



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