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The housing market crisis

Language: English Series: Chartered Surveyor Weekly ; 28(10) 14 September 1989, 12-19Publication details: 1989Subject(s): Summary: Three-part report tracing the house prices boom and its subsequent downturn . Part I assesses homeowners problems in coping with interest rates and falling house values. Part II concentrates on the state of the estate agency industry, discussing the future of the large chains, following substantial financial losses. Part III reviews the implications of falling sales for residential developers and housebuilders , looking at prospects for the market towards the 1990s.

Three-part report tracing the house prices boom and its subsequent downturn . Part I assesses homeowners problems in coping with interest rates and falling house values. Part II concentrates on the state of the estate agency industry, discussing the future of the large chains, following substantial financial losses. Part III reviews the implications of falling sales for residential developers and housebuilders , looking at prospects for the market towards the 1990s.