"HOLD ON TO YOUR HATS IN THE UK. THE NEXT FEW MONTHS ARE GOING TO GET UGLY."
Sasha Yanshin: UK House Prices fell by 2.1% in November, but data indicates this is just the start of a bigger collapse. With average monthly mortgage payments going up 40% to 50% and high inflation, people can't afford to buy homes resulting in a 20% drop in house sales. And a lot of different data suggests that this mortgage crisis is only just getting started.
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