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U.K. Rate Increase Could End Property Boom

U.K. Rate Increase Could End Property Boom

The Wall Street Journal. - Art Patnaude

LONDON—The specter of an interest-rate increase by the Bank of England early next year has property companies braced for an abrupt end to the boom times. Some analysts warn that higher rates could spark a decline in real-estate companies’ share prices, which for years have traced an upward path …

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