House price squeeze: ‘I bid dozens of times but lost’

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Surging home prices have created a spiralling cost of living crisis in the US. …

Since 2015, property prices have increased faster than incomes in most major economies, including Canada, Germany and the UK. The disconnect has worsened since the pandemic hit in 2020, when policymakers around the world slashed interest rates to stabilise the economy, unleashing unusually low borrowing costs.

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