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dougless

Australia growth to Be Hit by Housing ‘Perfect Storm,’ AMP Says

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Looks good.!

I have corrected a section of the article for them...

 

"The positive negative feedback loop of recent years of rising prices bringing higher demand and further price gains has given way to a negative positive feedback loop of falling prices leading to reduced demand and further declines,” Oliver said of housing

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“Rate cuts won’t be aimed at re-inflating the property market but supporting households with a mortgage to offset the negative wealth impact on spending,” Oliver said,

Hmm...sounds familiar...

I think the events in Oz are a laugh a minute and one to enjoy watching unfold...what did they expect??  That prices can continue to rocket forever...?  Hilarious.

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2 hours ago, Wayward said:

“Rate cuts won’t be aimed at re-inflating the property market but supporting households with a mortgage to offset the negative wealth impact on spending,” Oliver said,

Hmm...sounds familiar...

I think the events in Oz are a laugh a minute and one to enjoy watching unfold...what did they expect??  That prices can continue to rocket forever...?  Hilarious.

That's exactly what they did believe.

As do many people here in the UK. Still.

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  • 295 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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