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House price falls – but not ‘alf

House price falls – but not ‘alf

The Guardian yesterday reported that traders were pricing in a 50% drop in house prices over the next four years. Firstly and personally, I think prices may fall quite deeply. But I don’t think they will drop by 50% in “real” terms, unless the economy takes a pretty freaky turn for the worse. Then all bets are off. I’ll come to why a 50% drop in “real” house prices is unlikely later, but first (and I seek help here if…

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