Really?
The Guardian reports, and correctly, that the Nationwide estimates the average house price in Belfast is £306,698, more than in Cambridge, and £50,000 more than in Ediburgh.Can that really be correct? It is said to have risen 32% in a year, which is £70,000 or so, but it still seems remarkable. What multiple is that of earnings?
Labels: Bubble that will burst
posted by Matthew @ 12/28/2007 02:36:00 PM
Comments: 8
