It must be remembered that when drops or increases are discussed...

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    It must be remembered that when drops or increases are discussed it is an average figure quoted
    Past price movements have shown that the junk drops further and the good stuff holds it's price better

    So a 20% drop means that some property will drop at least 50%, this could be just in an unpopular area, or it could be requiring too much repair, or painted a bad color.

    It has dropped at least 50% numerous times previously, beginning of 1990 being the last big drop from memory
 
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