Letter: House price misery

Mr Ioan Thomas
Sunday 02 May 1993 18:02 EDT
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Sir: So house prices are set to rise again ('Home price rises 'set to outstrip inflation' ', 1 May) and we are expected to rejoice. It seems to me that the ridiculous increase in house prices during the Eighties has been responsible for a great deal of misery. The Thatcher government's emphasis on market forces has meant that a person's prosperity depended on what they owned rather than on the work they did. What a disastrous formula for a just society.

Yours faithfully,

IOAN THOMAS

Oundle, Northamptonshire

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