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music man

The Week Gets Better

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Just as many here including myself (always the optimist) were saying this week is goona be a fine HPC.co.uk week I get this e-mail from the deily wealth.

Read it and weep you bulls.

Real Estate: About to Get Worse

by Dr. Steve Sjuggerud

It’s looking like 1990 all over again…

1990 was the last time homes were unaffordable. The confidence of homebuilders was at a record low (and about to go lower). And the U.S. economy was starting to cool…

Home prices fell hard. Nationwide, new home prices fell from around $200,000 in 1990 to around $175,000 by 1992 (in inflation-adjusted terms).

By 1993, home prices were affordable once again. Home buyers slowly crept back into the market. Prices crept higher, and they didn’t surpass the 1990 highs for over a decade (in inflation-adjusted terms).

I like it...........

Edited by music man

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Just as many here including myself (always the optimist) were saying this week is goona be a fine HPC.co.uk week I get this e-mail from the deily wealth.

Read it and weep you bears.

Real Estate: About to Get Worse

by Dr. Steve Sjuggerud

It’s looking like 1990 all over again…

1990 was the last time homes were unaffordable. The confidence of homebuilders was at a record low (and about to go lower). And the U.S. economy was starting to cool…

Home prices fell hard. Nationwide, new home prices fell from around $200,000 in 1990 to around $175,000 by 1992 (in inflation-adjusted terms).

By 1993, home prices were affordable once again. Home buyers slowly crept back into the market. Prices crept higher, and they didn’t surpass the 1990 highs for over a decade (in inflation-adjusted terms).

I like it...........

Reply to other post of the same - please delete.

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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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