The endless talk of doom and gloom is now being replaced by that of recovery with the press replacing “Credit Crunch” with a new buzz word “Green Shoots”. As always the UK property market remains tightly in focus and the debate now centres on the shape of the recovery?
It’s hard to believe that the credit crunch has been with us for almost two years. Property was one of the first sectors to succumb as mortgage finance dried up and confidence began to ebb. With buyers staying away from the market property prices fell. It was not long before the effects of the...
There were several historic events in 2008 including the Beijing Olympics and the election of Barak Obama as US president. They were all overshadowed by the “credit crunch” which ravaged global investment markets.
