Recovery - recessions past and present

Hipwell, Deidre

Recovery - recessions past and present - 2010 - Property Week 76(27) 9 July 2010, 18-19(2) .

BNP Paribas Real Estate in its July 2010 report (see L150471) compares past recessions for direction on the latest, predicting the state of the commercial property market in 2012 and beyond and suggesting that banks take a harder look at their loan books. Article also focuses briefly on two earlier recessionary periods: the 1970s: sterling float and oil crisis causing 24% inflation; the 1990s: boom leading to huge commercial property oversupply.


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