I cant undertand why prices have not fallen further, it just doesnt seem to add up. If there is not a further correction surely the market will simply stay flat until the prices get more realistic?
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House prices heading for a fall
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"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." Cicero -
WHSOriginally posted by Waldorf View PostI cant undertand why prices have not fallen further, it just doesnt seem to add up. If there is not a further correction surely the market will simply stay flat until the prices get more realistic?
The "blip" aside, house prices can't keep going up forever. Whoever is buying them?Comment
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I might have said this before (correction, I've said this multiple times before) but we're in the midsts of a W-shaped recession -- and regrettably the next government are going to take it square in the face.Comment
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