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8,647 Posts.
1428
19/05/20
16:47
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No developer will want to sell, but some may be forced to sell.
I'm pessimistic about sales of new dwellings because:
* population growth has stopped
* there'll be a flood of existing properties on the market when the six months mortgage holidays end
* unemployed renters moving back to their parents reduces denand for investment properties
* rents are going to fall as vacancies increase, so there's less incentive to buy.
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