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Housing boom set to continue in the South

The housing boom in the South of England is set to continue for the foreseeable future according a report from Portman Building Society.


The society&#39s Residential Property Review – Second Quarter 1999 says the market is booming because of a combination of factors, including low interest rates, increased demand and a shortage of available properties.


senior staff valuer Richard Atkinson says: &#34This very buoyant market is likely to continue for the forseeable future.


&#34There has been talk of a housing market collapse in some northern cities and this may lead to an even greater north-south divide, putting further pressure on the housing market in the south-east.

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