Buy custom Trying To Get Confidence Back Into Property
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The logic is that while first-time buyers can get mortgages, banks are looking for bigger deposits, because they want to keep the loans to about 80 per cent of the property's value. With house prices at an average of ?300,000, this means a buyer has to raise ?60,000, which is a major barrier to anyone who does not already own property...
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Power agrees. "There is nothing that the Government can do at this juncture to restore confidence and get people buying houses," he argues.
"That excess supply has to be taken out of the system before the market begins to pick up again". Parlon says these arguments are "textbook" economics and don't necessarily apply in what are exceptional circumstances...
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General points of the essay
Property
Property Tax
The Effect Of Banks’ Bad-Loan Problems On The Level Of Market Confidence And The Stability Of The Malaysian Financial System.
Securitisation In Property
Asia Pacific Property
Auctioning Personal Property
Property Rights
Intellectual Property Law
Locke on Property
The Theory Of Property
Property Law
Trying To Get Confidence Back Into Property
What is property
Intellectual Property
Intellectuel property
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