King Sturge property predictions 2009 [electronic resource]
Language: English Publication details: [S.l.] King Sturge 2009Subject(s): LOC classification:- 333.332 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 146442-2001 |
Considers the broad economic and property outlook for 2009, making predictions for all UK property sectors. Suggests that a two tier market is emerging with only well let income-producing prime property in the UK producing a steady return, and that secondary and tertiary un-let property will continue to fall in capital value by more than 20%. Observes that the fear of empty rates taxation is exacerbating the problem. Predicts that average house prices will fall by another -15 to -20% in 2009. Includes some discussion of the community infrastructure levy and planning. Concludes that the energy-climate era has arrived.