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UK: Housing market in crisis: Study

Posted on 30 August 2011

The housing market is in crisis as home ownership tumbles and house prices soar, a study has warned.
Home ownership in England will slump to just 63.8% over the next decade, the National Housing Federation’s forecast said, the lowest level since the mid-1980s. Huge deposits, combined with high house prices and strict lending criteria, have sent home ownership into decline, the Federation said……………………………………….Full Article: Source


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