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Can lending controls solve the problem of unaffordable housing? – The Economist

More central banks are tightening curbs on risky lending. But that is unlikely to make housing much cheaper

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HOUSE PRICES in the rich world are growing at their fastest rate for 30 years. Those in America rose by a record 19.7% in the year to July, according to figures published on September 28th. House prices measured relative to incomes are above their long…

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