Gloomy predictions: House prices may fall by up to 25% | Mail Online
House prices are set to plunge by between 20 and 25 per cent by the end of next year, a leading consultancy will warn tomorrow.
Clients of CheckRisk, the specialist investment strategy adviser, will be told that several trends will send property prices tumbling. These include rising interest rates and inflation, worsening job prospects, the high levels of public and private debt and reduced mortgage lending.
'Effectively, British people have run out of money,' said Nick Bullman of CheckRisk.
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