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House prices in the UK cycle from boom to bust in a roughly 18 year period |
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The last house price crash in the UK was in 1990 - prices fell almost 40% in real terms although high general inflation helped mask this. |
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the next house price crash is now due, and appears to have started at the end of quarter 1, 2007. The rest of the world has been in crash mode since 2006. |
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more information: |
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House Price Crash |
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tags : house, price, crash |