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House Prices

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    #21
    House prices stuttered after September 11th, the boom started to gain momentum again in 2003
    The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

    But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

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      #22
      After September 11th, fear of recession drove central banks to lower interest rates and thus the era of cheap money arrived.

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        #23
        I prefer the Chanel, personally.

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          #24
          Yes, but Rive Gauche is more subtle.
          I'm alright Jack

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            #25
            Originally posted by Francko View Post
            Well, I am not sure that it's only a matter of confidence and belief in house prices. History shows us that house price crashes happen when people expect them least and are a combination of several factors (not alwas the same ones either).
            In that case, if we want to learn the lessons of history, as long as we keep expecting a house price crash, it will never happen.

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              #26
              You're getting very warm Old Greg. The housing crash will occur when AtW argues that he now believes a housing crash will never occur.

              It is similar to carrying an umbrella; statistically it rains less if you remember to take your brolly with you.
              I'm alright Jack

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                #27
                Originally posted by Francko View Post
                Well, I am not sure that it's only a matter of confidence and belief in house prices. History shows us that house price crashes happen when people expect them least and are a combination of several factors (not alwas the same ones either).
                Poor old Francko. Still bitter that you didn't make any money in Uk property, eh?
                Now condemned to rent a studio in Switzerland for the rest of your days..
                Hard Brexit now!
                #prayfornodeal

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                  #28
                  Originally posted by wendigo100 View Post
                  I prefer the Chanel, personally.
                  Now what we need is smell-a-rama-net...

                  Where's the Charlie Red option?
                  Do what thou wilt

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                    #29
                    Originally posted by Dark Black View Post
                    Now what we need is smell-a-rama-net...

                    Where's the Charlie Red option?
                    Yes, we could have done with a few more perfume options.

                    Although we must be careful, I'm old enough to remember Hi Karate...

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                      #30
                      And that one you "splash it all over" - what was it again?

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