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Surreal Estate: How far will house prices fall?
Many Happy Returns
Is It Good for the UK Economy?
If you look at the size of the housing market, as a proportion of the economy, it's huge. The residential wheel estate market is worth about $53 trillion. And in the UK, I think it's probably even more skewed, isn't it? Because our stock markets are not that well and our housing market has. So, you know, we've really tilted our economy towards property.
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