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Old 03-05-2009, 10:22 AM
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Post Leading economist expects 90,000 repossessions this year

The managing director of economic forecasting agency, Capital Economics, has predicted that mortgage repossessions could rise to 90,000 during 2009.Roger Bootle, a former chief economist of HSBC, made the gloomy forecast earlier this week, when delivering a speech at the Chartered Institute of Housing South East’s Annual Conference and Exhibition, in Brighton.He also warned that [...]

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