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Ending the boom

Language: English Series: Guardian ; 21/7/87 p21 (2)Publication details: 1987Subject(s): Summary: Looks at brokers Shearson Lehman `s case for a government move to raise interest rates in order to halt rising property prices. Economist John Muellbauer has argued that prices lead to increased pressure on wages as people raise their demands so that they can afford to pay for the houses they want.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB2329-15 (Browse shelf(Opens below)) 1 Available 49578-1001

Looks at brokers Shearson Lehman `s case for a government move to raise interest rates in order to halt rising property prices. Economist John Muellbauer has argued that prices lead to increased pressure on wages as people raise their demands so that they can afford to pay for the houses they want.