UK property
Property plays a vital role in the British economy. House prices underpin consumer spending, which accounts for about two-thirds of Britain’s growth. So investors should keep an eye on the state of the UK housing market.
Recent articles
(3)
(28 November 08)
The Pre-Budget Report contained a few tame measures for homeowners. The Chancellor probably didn't go any further because he can't afford to. And that's a good thing. Property prices must drop further - and they will.
(21 November 08)
TV property pundits Kirstie Allsop and Phil Spencer burst back onto the scene this week with a credit-crunch special - still advising punters to buy. Ruth Jackson finds such advice hilarious, and looks at what you should really be doing.
(20 November 08)
It's not just Britain's houses that have fallen in price, the value of commercial property has slumped too. Property company shares have crashed 43% in the last year. But as the recession really starts to bite, says David Stevenson, they're going to come down even further.
