Thats just it, house prices aren't really falling and growth in tourism and aviation is forecast to accelerate even now (especially with Open Skies). I'm just basically hyper sensitive & worried as someone who is about to commit myself to an Integrated fATPL course.
Rex - the above you've posted on R&N (its neither so it will be moved) worries me.
House prices are falling. See todays Finacial Times:
http://www.ft.com/cms/s/0/20d093be-9...0779fd2ac.html
"The property market is set for a more severe slowdown than in 2005, according to the most authoritative survey of estate agents, which shows they believe house prices are already falling in almost all areas of the UK and even the rampant London market has recently hit the buffers."
It will get a lot worse from here on in - its VERY difficult to persuade people to buy in a falling market.
You see Open Skies as being some kind of boost. I'm afraid as far as UK airline jobs are concerned its probably more of a threat. The lucrative London New York golden goose is now being targeted by more airlines than ever before.
You cite tourism accelerating. Well, our most important single market for tourism is North America. The dollar currently buys less than 48p. Which makes our already expensive hotels and restaurants look totally ridiculous to the hard pressed Amercian holidaymaker.
I'm really really not trying to rain on your parade for fun. Its just you might benefit from hearing to contrarian view. I certainly think hearing both sides of the argument leaves me with a better point of view.
Cheers
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