>> Yes, I do consider lower house price a good thing.
That's a rather selfish point of view.
People who have high mortgages will be impacted by falling prices as negative equity will make it difficult for them to move.
If they cannot easily move, they may find it difficult to move to a new job.
A real house price slump will potentially impact the wider economy as there will be limited equity to lend against, resulting in it being more difficult for people to set up businesses etc.
Last edited by: Driver on Mon 23 Jul 18 at 11:39
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