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House price research shows millions living in ‘underwater’ homes

Posted on 24 June 2011

The majority of homes bought in Britain are worth less now than they were five years ago, new research suggests.
Some 3.5 million properties, or 80%, bought since 2006 are said to be “underwater”, or worth less than their purchase price, according to a study by Zoopla.co.uk………………………………………..Full Article: Source


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