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Door reopens to hot property prices.

Series: Daily Telegraph ; 12 August 1999, 29(1)Publication details: 1999Subject(s): Summary: The Bank of England estimates that house prices could rise twice as fast as earnings over the next two years. The Bank warned that rising house prices could encourage higher levels of borrowing and spending.

The Bank of England estimates that house prices could rise twice as fast as earnings over the next two years. The Bank warned that rising house prices could encourage higher levels of borrowing and spending.