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Warning of new housing crash because FSA’s reform plan is too weak

By Gerry Davies  || February 2, 2010 at 06:06 GMT
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A second housing crash could occur shortly after the general election because recommendations by the FSA on reforming the UK mortgage market are too timid, a conference on long-term thinking in finance heard today.

Interesting.  Personally I’ve a feeling UK house prices may surprise on the downside this year, which seems to fly in the face of conventional wisdom from what I’ve been reading.

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