n.gearing has worsened the housing crisis, page-15

  1. 3,245 Posts.
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    jovanco,

    RE: "Yes initially home prices would drop, and if NG was cancelled overnight the prices would drop like a stone.

    Nothing wrong with prices dropping like a stone, thousands would stop renting (like my own kids and their mates all gainfully employed) and climb on to the house owning ladder, this IMO, for the overall benefit and strength of the nation I might add.

    All markets self correct in the face of any change.
 
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