House prices could fall by 30 per cent over the next few years, a senior Bank of England official forecast. But, despite claims homeowners could see up to £1,000 a week wiped from the value of their properties, the drop would be sustainable, according to monetary policy committee member Prof David Blanchflower. 'Sustainable' - what's the fuss all about. Ohh to see all the cheery faces on those carefree commuters tomorrow.

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