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Old 25-06-2016, 03:18 PM
cdm61 cdm61 is offline
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Quote:
Originally Posted by Biggineagle View Post
It fails at the start. House price falls = negative equity. Even with your 5% fall Most people have plenty of equity in their houses and will not go anywhere near negative equity. unless they overstretched at the start or remortgaged.
Not the ones who have been buying in the last six months and people will start to postpone their mortgages in fear of price falls....
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