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By Mark Wadsworth blog
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Almost there, but still wrong

Friday, February 10, 2017 2:24
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Open University expert, Alan Shipman says that the Government are looking at “the wrong part of the ratio” when it comes to the high house price to average earnings multiplier.

Whilst it’s good to see that someone else is pointing out that it’s not down to a lack of supply, it’s still depressing that he has failed to grasp that it is interest rates that are the problem, not earnings.

No mention of LVT, either, unsurprisingly.


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