Re: house prices - always and forever upward?

"biggirlsblouse" <big.girl@xxxxxxxxx> wrote in message news:WDbOh.19051
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However my question is this...are there ANY circumstances under which
house prices will fall and stay low (not counting very local circumstances
where perhaps the collapse of a local economy like the mining industry in
the 80's and 90's, and ignoring the effects of perhaps, God forbid, a
nuclear accident).

Major planning reforms and a free market in the right to develop (land)
could depress the market, which is precisely why such reforms will never
happen.

Government and monetary policy have made housing a one way bet.


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