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Realistbear

Halifax Annual Housing Review Just Released

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http://uk.biz.yahoo.com/060217/250/g463b.html

Friday February 17, 10:26 AM

The Halifax Annual Review of the Value of Housing Stock 2006

HALIFAX, England, February 17 /PRNewswire/ -- New research from Halifax shows that the
value
of the UK's private
housing stock has trebled over the past ten years
from GBP1.1 trillion in 1995 to GBP3.4 trillion in 2005. The Halifax Annual Review of the Value of the Housing Stock 2006 tracks the
value
of the private residential housing stock at a local authority, regional and national level.

But what does it mean? Biggest debt level in 10 years with soaring bankruptcies and increasing company insolvencies. Worst retail figures for 10 years. Lowest numbers of people able to afford a home. And at the end of it all Mervyn King's statement sounds out like a crystal clear clarion cautionary call: House prices are a matter of opinion whereas debt is real.

Warren Buffet might say about "value" that it reflects what something is worth not necessarily what people are paying for it.

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http://uk.biz.yahoo.com/060217/250/g463b.html

Friday February 17, 10:26 AM

The Halifax Annual Review of the Value of Housing Stock 2006

HALIFAX, England, February 17 /PRNewswire/ -- New research from Halifax shows that the
value
of the UK's private
housing stock has trebled over the past ten years
from GBP1.1 trillion in 1995 to GBP3.4 trillion in 2005. The Halifax Annual Review of the Value of the Housing Stock 2006 tracks the
value
of the private residential housing stock at a local authority, regional and national level.

But what does it mean? Biggest debt level in 10 years with soaring bankruptcies and increasing company insolvencies. Worst retail figures for 10 years. Lowest numbers of people able to afford a home. And at the end of it all Mervyn King's statement sounds out like a crystal clear clarion cautionary call: House prices are a matter of opinion whereas debt is real.

Warren Buffet might say about "value" that it reflects what something is worth not necessarily what people are paying for it.

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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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