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The Illogical Pricing of Property

The dream of property ownership has been fostered by Government in the UK for a very long time. Perhaps not as long as in the US, where FDR’s New Deal in the 1930s promoted the goal of every American owning their own home: but certainly for over 50 years. Owning a house has become the principal icon of membership of the middle class.

via The illogical pricing of property.

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