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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.