Bubble Trouble--Are British House Prices Significantly Overvalued?
The OECD last December said British house prices were overvalued by 30% or more. There has been much talk, including in a 2005 speech by Gordon Brown, of a house price bubble. This article, by Gavin Cameron, John Muellbauer and Anthony Murphy of Oxford University, finds no significant evidence for a...
Main Authors: | Cameron, G, Muellbauer, J, Murphy, A |
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Format: | Journal article |
Language: | English |
Published: |
2006
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