Thursday, Oct 18, 2007
40% of Mystery ..or Bubble
Times Online: Misery for the over-extended and over-indebted
The average price for a house has surged from £68,777 to £198,898 since 1997. The gurus of the International Monetary Fund contend that only 60 per cent of this increase can be explained by rising incomes and other fundamentals. The other 40 per cent is a mystery.
Posted by peter @ 11:05 AM (270 views) Add Comment
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