Average house price reaches £175,000

TheTelegraph

“The definition of a house price bubble is when people will pay anything for a property. This is not what we are seeing here. Many people are still heavily indebted, particularly if they have maxed out on credit cards. This is hardly a market running away with itself.”

“The definition of a house price bubble is when people will pay anything for a property. This is not what we are seeing here. Many people are still heavily indebted, particularly if they have maxed out on credit cards. This is hardly a market running away with itself.”

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