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Kyouya
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Ernst&Young faired no better. They thought house prices
would rise 7% in 2004 before slowing to zero or even
declining in the following years.

The Centre of Economics and Business Research is an
independent business that Melvin Gordon Jersey , according to their website
carries out "thorough and insightful research". In 2003 they
claimed UK house prices would rise 15% in 2004 and 3.4% in
2005 before falling 1.5% in 2006 and 2.3% in 2007. They
pointed out that the average home would be worth less in
2007 than it was being sold for in 2003. In reality they
rose 14%, 3%, 9% and 7%. The average buyer, purchasing the
average house Philip Rivers Jersey , would be 20,000 worse off today had they
followed the expert's advice.

Capital Economics is a similar organisation but on their
website they state that they offer "original and insightful
research" and point out specifically their work in the
property sector. One of their scenarios was picked up by the
Daily Mail newspaper in 2002 where they forecast a 12% rise
in 2003 before falls of 5% in 2004, 10% in 2005 and 7% in
2006. Buyers following this advice would have been even
worse off than those who listened to the Centre of Economics
and Business Research.
  Saturday, February 11, 2017 at 2:21:07 AM

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