Losing weight but not starving to death
Cook, Lucian
Losing weight but not starving to death - 2007 - Property Forecast 10(12) December 2007, 4-5(2) .
Considers the prospects for the housing market in 2008. Argues that short term fluctuations are being presented as long term trends in the national press. Acknowledges that the major problems are of lack of supply and affordability. Sentiment among agents and developers has also been eroded by consistently falling indices figures which have been reported in a high profile manner. Suggests that the most likely scenario is a repeat of 2005, a year of low growth and low transaction numbers which was followed by a more buoyant year. Concludes that a year of austerity will correct any long term problems.
United Kingdom--
Losing weight but not starving to death - 2007 - Property Forecast 10(12) December 2007, 4-5(2) .
Considers the prospects for the housing market in 2008. Argues that short term fluctuations are being presented as long term trends in the national press. Acknowledges that the major problems are of lack of supply and affordability. Sentiment among agents and developers has also been eroded by consistently falling indices figures which have been reported in a high profile manner. Suggests that the most likely scenario is a repeat of 2005, a year of low growth and low transaction numbers which was followed by a more buoyant year. Concludes that a year of austerity will correct any long term problems.
United Kingdom--