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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%.

  • Even that only takes us back a couple more years (far less in some areas). It is ridiculous.

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