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Negative Equity Spreads In Sydney

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I think the UK should be experiencing the same conditions as Australia by now.The key difference being the 600 000 Eastern European immigrants who have arrived since 2004 propping the BTL market.I still think we are postponing the inevitable crash.

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Yes here in Sydney the mainstream media has been quiet on the whole thing up until now.

They gleefully reported about how wonderful it was that prices were doubling every year, barely a whisper when they were stable and then suddenly about four months ago they took to reporting real estate agents in their last crazy efforts trying to convince everyone that prices were in fact about to go up.

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In some ways I guess its no suprise that the popular media doesn't want to publish articles about house price crash due to the negative effect on their revenue through RE advertising, though very dissapointing I keep hoping that some of these media giants would be less biased, I'm sure it'll happen someday ;)

It's certainly no suprise that the general population doesn't want to know about house prices crashing, such vested interest.

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  • 337 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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