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Housing market and ERM

Language: English Series: Financial Times ; 19/7/90 p6 | Independent ; 19/7/90 p27 (2)Publication details: 1990Subject(s): Summary: Economists warn that unless the housing market is straightened out, entry into the ERM with interest rates falling, could prompt another boom in house prices with difficult economic consequences.

Economists warn that unless the housing market is straightened out, entry into the ERM with interest rates falling, could prompt another boom in house prices with difficult economic consequences.