Mon, Sep 30, 2013 - Page 15 News List

UK housing market recovery fuels new bubble fears

AFP, LONDON

“The argument that there is a housing bubble in the UK right now is not persuasive,” Tinsley wrote in a note to clients.

“Arguably, there is a deep-seated supply problem in the UK, which is forcing up the real price of housing, but that is not the same thing” as a bubble leading to a crash, he said.

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