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29929BlackTuesday

Don't Buy! ..wait It Out!

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Now that it is general knowledge that:

1. There is a HPC going on

2. It is worse than the last one

3. Its going to get a lot worse yet

They know it makes sense to wait. Prices will gain momentum to the downside as soon as unemployment rises and despair sets in. Probably just after Guy Fawkes night when the evenings get darker and Gordon* is still telling every one that his job is to get on with guiding the economy in its darkest hour etc etc...

_______________________

* He may not survive the summer--50:50 chance Milliband will push him out?

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Wait it out? Have they any CHOICE?

LTV's down, new builds almost unmortgageable, wages static, jobs under threat etc etc?

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Wait it out? Have they any CHOICE?

LTV's down, new builds almost unmortgageable, wages static, jobs under threat etc etc?

AND..

Massive food inflation

We now think paying 111.9/litre for petrol is cheap

Massive energy inflation

Ever increasing taxes

Hundreds of thousands unable to sell....many in MASSIVE negative equity.

The top will come of the pressure cooker very soon.....

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* He may not survive the summer--50:50 chance Milliband will push him out?

50/50 talk about sitting on the fence. He will push him out or not push him out. Given the only choices of turning left or right its a 50/50 i will turn left.

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50/50 talk about sitting on the fence. He will push him out or not push him out. Given the only choices of turning left or right its a 50/50 i will turn left.

Remind me never to get a lift anywhere with you! ;)

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:lol:

Penny for the Gordon?

The one eye guy.

build a bonfire, build a bonfire

put the Gordon on the top

add nulabour in the middle

and burn the ruddy lot

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  • 395 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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