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Old 04-03-2008, 08:04 PM
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Post Negative equity haunts three million UK households

Liberal Democrat MP, Vince Cable, is warning that three million families (one in four UK households) could face negative equity in the next 12 months. Mr Cable was expounding an analysis by City property experts and described the prediction as “highly plausible”, rather than alarmist. It is based on the assessment that there are around three million [...]

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