2011 ..... WILL THE CUTS BLUNT THE PROPERTY MARKET!?
19 November 2010
Throughout the whole of the country I
would expect that projected sales and house
price growth will gradually reduce in 2011
because when a country or a business
implements cuts,
before recovery is
possible, a period of
time is necessary for
diversification of
businesses within
that country and for
those businesses
within that country to re-group before they
can move forward as a whole and produce
growth. I see 2011 as that sort of a year
where we step back before we move
forward. This will inevitably affect the
property market due to confidence in the
short term but I am optimistic of growth
beyond this time.