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Old 02-15-2011, 10:30 PM
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Post Property prices, not mortgages, are the problem

The property market has become unbalanced, caused by excessive lending, and low interest rates. Both of which have allowed for a surge in property prices over the past decade as people were able to buy in excess of their means. The current state of the market, where First Time Buyers are excluded, is a symptom [...]

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