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House prices fuel wage rises

House prices fuel wage rises - 1986 - Financial Times 23/10/86 p27(2) .

Discusses various options for the future well-being of the British economy arguing that recent research on wages shows the housing market to be centrally implicated in the inflationary process. Includes table which indicates real house prices.

Subjects--Topical Terms:
INFLATION
LAYARD NICKELL REAL WAGE MODEL
MORTGAGE TAX RELIEF

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