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Telepgraph Comment

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For the first time, even if Britons devoted every penny they generate this year to mortgage and credit card bills, they would not be debt-free come next January. News that household debt has overtaken GDP will not trigger economic disaster. But the only way out of this situation is either sluggish consumer activity for a number of years or a house price crash.

Blimey,they mentioned the dreaded "C" word!

And how about both happening as in: sluggish consumer activity and a HPC?

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sluggish consumer activity and a HPC?

Local shopping centre was quite busy today (half term here) but no queues in any of the shops I went into. Local Beatties department store, less than 2 years old looks as though it might be winding down.............

BTW all I bought was black hair gel for sprog, £3. (dyes your hands if you're not careful! :rolleyes: -*hides hands* )

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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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