Abstract
Just as the 1970s boom and bust was a product of economic mismanagement by the government of Edward Heath, the latest boom/bust cycle has been a consequence of the economic excesses of Margaret Thatcher’s premiership. The roots of both property cycles were intimately interwoven with the economic and political trends of their periods. In order to understand the causes of the 1980s boom, it is important to understand the philosophy and aims of the Thatcher government.
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References
Hillier Parker (1992) Average Yields (November).
Investment Property Databank (1992) Property Investors Digest.
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© 1993 W. D. Fraser
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Fraser, W.D. (1993). The Thatcher Cycle. In: Principles of Property Investment and Pricing. Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13311-6_27
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DOI: https://doi.org/10.1007/978-1-349-13311-6_27
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-60162-4
Online ISBN: 978-1-349-13311-6
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