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Wed 07 Jul 1999London property on upward curve as recession fears recede

The many Irish investors who flocked to London to buy property over the past couple of years must be feeling pleased with themselves right now as prices there seem set on a steady upward curve after something of a roller-coaster over the past year.

As long as they haven't left things too tight and fallen victim to an excess of supply over demand in apartments in some areas of central London, they are sitting pretty. Property is becoming the cautious flavour of the month in the British capital again after a long period in the doldrums.

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