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Danish forced auctions near 20-year high

Tuesday, 10 April 2012
More and more people are forced to leave their house and home in Denmark because they are forced to sell their house at auction due to financial problems.

In February, 481 homeowners were focused to sell their homes for that reason. In March, that number has risen to 502 official figures from Statistics Denmark show.

The number of forced auctions is the highest since 1993, according to reports, something analysts in the real estate sector are not surprise.

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