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A recent poll reveals that more than 50 percent of the population now believe that housing prices will rise.

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Danes believe in rising housing prices

09. mar. 2010 13.11 English

Neither warnings of rising interest rates nor the risk of new drops in housing prices can deter Danes from their newfound optimism when it comes to the housing market.

A recent poll by opinion research institute Greens Analyseinstitut, published in financial daily Børsen, reveals that more than 50 percent of the population now believe that housing prices will rise.

That is a five-fold increase in housing market optimism since the bleak days of January 2009.

However, experts warn that if the market climbs too fast, it will only lead to another housing bubble.

Translated by Martin Lamberth

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