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FTBagain

Really Scarry Story Of The Current Hpc In The Us

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"The housing market has thus followed so far the predicted various stages of adjustment to cycle driven by the initial housing bubble: initially a glut of supply of new homes as high prices (driven in part by speculative demand) led to high and excessive production of new homes; then a fall in demand as speculative high prices and rising rates made the purchases of housing less affordable to many; then, the ensuing inventory adjustment – an increase in unsold homes"

Sounds very familiar to me- surely this is what is about to happen over here?

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"The housing market has thus followed so far the predicted various stages of adjustment to cycle driven by the initial housing bubble: initially a glut of supply of new homes as high prices (driven in part by speculative demand) led to high and excessive production of new homes; then a fall in demand as speculative high prices and rising rates made the purchases of housing less affordable to many; then, the ensuing inventory adjustment – an increase in unsold homes"

Sounds very familiar to me- surely this is what is about to happen over here?

You would have thought so. But the thing to note is that if the US goes into recession it will have a major global impact. Given the huge imbalances in the global economy next year could be really interesting, if that is the word I am looking for. :ph34r:

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  • 333 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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