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Oecd: British House Prices Are '31% 'too High'

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Telegraph has gone behind a pay wall. 20 free articles a month only.

Spare a moment thinking how we're less able to access Ian Cowie's wisdom...

Actually, let's not.

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Only the eighth most overvalued? Surely the government should be doing more to pump up the housing market until we're the most overvalued in the world. That would sort out the economy...

Enter Mark Carney, who did wonders for Canada's housing bubble.

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A Help to Buy scheme was announced in the March Budget to offer additional support. This initially hands interest-free deposits to buyers of newbuild homes but it is planned that it will be dramatically scaled up to the wider market next year, a move that has been criticised by the Bank of England and the International Monetary Fund.

IMF bailout on the way ?

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Telegraph has gone behind a pay wall. 20 free articles a month only.

If you have Chrome just open an "incognito window" from the drop down menu on the top right and then you can read the Telegraph without their firewall limit.

Edited by fru-gal

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Only the eighth most overvalued? Surely the government should be doing more to pump up the housing market until we're the most overvalued in the world. That would sort out the economy...

Enter Mark Carney, who did wonders for Canada's housing bubble.

Canada proudly holding down Third Place.

Over-valued_and_un_2576718b.jpg

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Is that asking prices, or sold prices?

Good question.

And it's not really comparing countries: "compared with their own long-term averages"

That explains France's results. I've been there recently and their houses are much bigger and much cheaper than ours. I've seen many at around £1,000/sq.m., and with very large plots.

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  • 244 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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