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Friday, May 31, 2013

Property 31 percent too expensive

UK property prices are 31 percent too high according to data from the OECD.

The study by the Organisation for Economic Co-operation and Development reports UK house prices as being 31 percent too high compared to rents and 21 percent over priced against incomes.

It makes me wonder, are rents too low?

Read more in the Telegraph

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