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Delay in housing market recovery

Language: English Series: Financial Times ; 4 July 1992, 4 (2)Publication details: 1992Subject(s): Summary: Some homeowners continue to be trapped in homes valued at less than the mortgage used to buy them and, in the south-east, with the prospect of prices only reaching 1988/89 levels by the year 2000, assuming a 5% annual rate of increase in prices. The number of house transactions for the first five months of this year from the Inland Revenue confirms the gloom.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB2827-22 (Browse shelf(Opens below)) 1 Available 55461-1001

Some homeowners continue to be trapped in homes valued at less than the mortgage used to buy them and, in the south-east, with the prospect of prices only reaching 1988/89 levels by the year 2000, assuming a 5% annual rate of increase in prices. The number of house transactions for the first five months of this year from the Inland Revenue confirms the gloom.