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Surreal Estate: How far will house prices fall?

Many Happy Returns

CHAPTER

Is There a Crisis in the Housing Market?

"I think we're already on a kind of downward trajectory. So if there was some kind of crisis like that, then we just accelerate what's pretty much a foregone conclusion," he says. "It allows people who've been priced out of the market to finally get onto the housing ladder if they want to."

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