ING raises warning on U.K. property bubble

11/11/2009 | Reuters

A recent rebound of United Kingdom property prices could cause a bubble, according to ING Real Estate. "The size of that downturn will depend on the actual rate of the capital appreciation that we see now. ... If it's too big, you could create a bubble," said Kevin Aitchison, CEO of ING Real Estate Investment Management UK.

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