Migas - knowing you don't know anything is nothing to be ashamed about or apologise for. I've never given an opinion here without providing sources, data or evidence of similar opinion. One mans fears on an internet discussion forum should and would be easily ignored if there wasn't anything to back it up. Unfortunately the evidence for a house price crash a recession and a period of airline bankruptcies is all too readily at hand..
MIKECR - Oil will touch $150 a barrel by Christmas. That's my guess, in print, lets see come Boxing Day.
RMC - your belief in the local housing maket into which you have just bought is touching if not naive. Your area will be down at least 10% as the UK wide house price crash unfolds just as it has in America. First in pockets, then in States, then Nationwide.
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