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If only property slumped the way it used to

Language: English Series: Economist ; 323(7760) 23 May 1992, 111(1)Publication details: 1992Subject(s): Summary: Draws a distinction between the property recessions of the early 1970s and 1990s observing in the latter the absence of pension and insurance funds whose role was so vital in 1975/76. the article explains the reasons for, and ramifications, of, this difference.

Draws a distinction between the property recessions of the early 1970s and 1990s observing in the latter the absence of pension and insurance funds whose role was so vital in 1975/76. the article explains the reasons for, and ramifications, of, this difference.