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Banque de France warns of property crash (Immobilier : l'alerte de la Banque de France).

Europe Intelligence Wire

| January 25, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Le Figaro)

France's central bank, Banque de France, has warned that property prices in France and several other countries cannot continue to rise at the rate at which they did at the beginning of the decade. Between 1995 and 2003, says the bank, house prices rose in real terms by more than …

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