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Pupil

Wednesday, September 28, 2005

The BBC on Real estate

The BBC suggests watching neighborhoods carefully to predict which way prices will tend to go.

A particularly strong signal that house prices are booming is if an area is starting to 'gentrify'.

Gentrification is the conversion, over a period of years, of less developed and desirable districts into thriving neighbourhoods occupied by professionals and young families.

The process is always a fairly visible one.

How to read the local house market [BBC]

The BBC's guide to the property market.

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