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December 17, 2011

Second-time home buyers priced out of market

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The UK housing market has become the most unaffordable for "second-steppers" in 24 years, the bank said. It said that first-time buyers intended to stay in their first home for an average of four years, suggesting many potential second-time buyers bought around the peak in 2007. The home affordabi... FF News: Fundamental

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