Mark Knowles's Blog - Archives January, 2009

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Home : Blogs : Mark Knowles : Mark Knowles's Blog : Archives January, 2009

Property market predictions 2009 - 01/13/09 03:11 PM

Warning ! Some reading this may be offended and disappointed, but here are a few predictions for 2009. Do not read if you are faint of heart !
British property prices
British property prices are going to see a fall from the current average price of £ 158K to a new average price of £ 75K. A fall of over 50% Why? This is why -
"The current burst bubble is a direct result of the entire nation over-borrowing, with nothing to back it up. Savings in the UK are at an almost all-time low, and dropping interest rates to this … (0 comments)

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