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Mid-Year Market Review: Time To Get Off The Bull?

Many Happy Returns

CHAPTER

The Bank of England's Predictions for the UK Housing Market

A lot of the recipe for what happened in the United States is applicable to the UK now. The problem in the UK is that we have less banks, and so if there was a bank run, you would have a bigger effect. A lot of people are going to come under mortgage pressure. And then the banks will be on the hook for that effectively.

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