UK House Prices See Temporary Boost But Long-Term Economic Gloom Remains
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Recent uptick in UK house prices may just be an aberration rather than sign of recovery
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Housing market is essentially closed with little demand and supply due to high interest rates
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Households are still paying mortgages even by cutting elsewhere, so forced sales unlikely
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Technical recession likely this year and economy to remain subdued through 2023
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Attempts to buttress economy against pain means no reset or progress, just stagnation