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Also forecasting 9% drop in house prices .
What I can't get a handle on is whether this was baked in if Truss hadn't happened. I.e. Without Truss / Kwarteng would we still today be facing these same stats or did the mini budget just make whatever would have happened (say a 5% reduction instead of 9%) worse because it cost government credability.
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forecasting 9% drop in house prices
House prices have risen about 14% in the last year, depending who you believe, so a 9% drop puts us back to where things were about April this year.
It’ll be loads more than 9% won’t it? The cost of borrowing has gone up 500%. I reckon 20%.
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Kent CC are about to go bankrupt. I assume they will be allowed an extreme increase in council tax?
christianSpaceman
Hefty
Grumpy_Git
@villa-ru
Also forecasting 9% drop in house prices .
And a 5% increase in council tax.
All cool. Thanks tories.