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Ignore housing's doom-mongers – the sky isn't falling in

independent.co.uk » 2008 » July » 5th » Ignore housing's doom-mongers – the sky isn't falling in

Tagged: mortgages

Another week, another collective panic. The "Blairs in negative equity" headlines have kicked up more house price fuss as the market slips further. Average estimates from mortgage brokers such as Savills suggest that prices have another 10 to 15 per cent to fall by the end of 2009 – a return to house values of 2004. And Morgan Stanley suggests that a 20 per cent fall would result in two million … Continue Reading »

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