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April 23, 2005
Housing Prices - Bubble Fears
Think the housing market will go up forever? Read this cautionary tale about the british market, and think again.
"What goes up must come down" applies faultlessly to physical matters. But I have heard every excuse as to why it can't happen to housing prices. Location, short supplies, and "no chance interest rates will ever rise above 6%" have all been used as reasons.
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Posted on April 23, 2005 05:25 AM by House 78.
Filed in Real Estate under housing prices.
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