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The findings echo a recent warning from the National Housing Federation (NHF), which concluded that a "massive crash" in the housing market is the only way that UK workers on an average salary or other moderate income will be able to afford a property of their own. Even if this did occur, the NHF speculates that many workers would still be unable to raise the necessary funds to buy a home of their own.

This is from Assetz - read the full article here. The author, knowing that whatever the information the article is based on he must conclude that the news is good for Buy to Let. So a 'massive crash' becomes good news because tenant demand is stimulated.

What a complete joke.

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This page contains a single entry from the blog posted on July 6, 2007 10:45 PM.

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