Trouble brewing down south

Stewart, J

Trouble brewing down south - 2001 - HouseBuilder (December 2001) 8-9(2) .

Analysis of the UK housing market in the context of recent events in the world economy. Argues the outlook for the housing is relatively positive given the recent difficulties but the medium term prospects for the south of England are not so favourable. Argues that in London and the south-east the price/earnings ratio is at unsustainable levels and needs to be 'corrected' in the next 12 months by a drop in house prices.


HOUSING MARKET
WORLD ECONOMY
INFLATION
PRICE/EARNINGS RATIO
LONDON