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Old 13-01-2007, 04:16   #33
jedimaster
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Re: Interest rate rise

Quote:
Originally Posted by garinda View Post
Not necessarily. Lots of people were caught out when the housing market last crashed in the late eighties/early nineties. Unlikely it will happen again, but negative equity is always a possibility.
i'm not so sure the way things are going all warning signs are pointing to the possibility of a crash
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