Rethinking London's 'ripple effect' on house prices: other UK regions transmit shocks too

Antonakakis, N. (2018). Rethinking London's 'ripple effect' on house prices: other UK regions transmit shocks too.
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Contrary to what is often thought, it is not necessarily house price changes in London that are transmitted to the rest of the country, but the opposite appears to happen more frequently, explains Nikolaos Antonakakis. He supports this argument using evidence from 13 UK regions for the period 1973-2014.

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