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Debate House Prices
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Land Registry MoM -0.9 % YoY - 3.2 %
Comments
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chewmylegoff wrote: »don't know about you, but every month, instead of paying me, my employer sends me a basket of the goods which are measured in the RPI calculation.
I'm paid in Gold and Oil so my house has depreciated in value against inflation. I stand corrected.
As an aside, my paypacket is a right pain. It weighs a ton and leaks into my pocket. :mad:0 -
1) Most new mortgages taken out in the last 3 years have been repayment.
Well, I suppose this goes a long way to explaining why there are so few mortgage approvals and house sales at the moment.
Because most people are realising at last that they can't actually afford house prices as they stand.0
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