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But their main problem will be one of supply, those of course demand will tail off too. Government will increase more money supply through waves of QE and BoE will drop interest rates to support Bridge Street market. It won't help much but will provide a bottom for the prices, though I don't expect punters to dive in and buy.
If housing market does not correct and after this potential bust we don't see a more fair capitalism I am seriously considering going and living in the woods.
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