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sensible.
rationale suggests that we can't go on with negative real rates forever, but as the old adage goes the market can stay irrational for longer than you (ie those betting against) can stay solvent.
The housing market has managed to stay irrational for much longer than anyone thought possible, 20 or 30 years ago.
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This. I've been gagging for a bigger place but Brexit went and fucked that idea in the ringhole so I'm now sitting pretty until I see which way this stupid little island goes.
ChasnotRobert
hippy
@Dammit
Realistically I won't make a move until after the general election this autumn, at which point we'll have a better idea of the damage.