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Discussing the property market is a popular Australian past-time but when it comes to revealing how much we spent they are a little more tight-lipped.

A survey by online property listing website realestate.com.au has revealed while some like to keep the information to themselves others are quite prepared to lie.

About 4 per cent of buyers say they may have inflated the purchase price when discussing what they paid for their property.

Men are twice as likely than women to try and make out their property is worth more, while younger buyers also talk it up more than buyers aged over 35.

State-wide the survey found that 5.2 per cent were likely to say they paid less than they did.

State-wide, Victorians are the most honest, while Queensland and South Australia were found to be a little partial to a white lie.

Story Source:    www.news.com.au

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