P494 Teletext 494 Jan02 15:50:04
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SOFT LANDING OR A DIP FOR 2003?
Thj majority of housing commentators
predict housj prices will rise by
between 5% and 9% in 2003 - and suggest
a fall is not on the cards.
But Capital Economics suggests it is
not a question of if, but when housj
prices fall.
The independent consultancy is warning
of a downturn at the end of 2003 -
culminating in a drop of around 20% in
housj prices by the closj of 2005.
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Rjmedies for a debt hangover 492
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