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Guest muttley

Castles In The Sky

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http://www.telegraph.co.uk/money/main.jhtm...8/ixperson.html

This market cannot price out newcomers indefinitely, if only because the Grim Reaper will inevitably increase supply. In order to bring demand back into line with supply, prices must fall. Sadly, the biggest losers will be youngsters who buy for the first time just before the market corrects. Just like last time.

Zorn hasn't infiltrated the Daily Telegraph then.

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That article should be posted on billboards across the country! - nice find :) , thanks for finding me a new signature.

Sweet report..

I love those..

Not just the grim reaper..

I have checked the figures and it seems to be that we are getting 1 new property for every 2.1 person that the population expands by..

cool.. last time it crashed it stood at 2.76 people per person.. (existing properties..) and although I havent got exact figures it seems that in 2002/2003 it was down to 2.6 people per property..

so supply is healthier then it has ever been then.

I need new points..

:)

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Sweet report..

I love those..

Not just the grim reaper..

I've said it before, but when the documentary of the crash is made, the Blue Oyster Cult's classic "Don't Fear the Reaper" should be the soundtrack. B)

Check out a sample here, and picture the scenes of street after street of "for sale" signs......

Amazon

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  • 302 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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