House prices defy all the gloom and doom of Remainers, says ROSS CLARK

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House prices defy all the gloom and doom of Remainers, says ROSS CLARK
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WHAT fun it is looking through the archives to read what the former chancellor George Osborne, and many others, said in the run-up to the 2016 Brexit referendum in a desperate attempt to discourage a vote to leave the EU.

One of my favourites was his appearance on ITV's Peston On Sunday on May 8, 2016, when he said:"I am pretty clear that there will be a significant hit to the value of people's homes and to the cost of mortgages." To underline his point, the Treasury published a study claiming that house prices would fall by 10 to 18 per cent relative to their performance should we vote to leave. It is a prophecy which many others have echoed.

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