PPRuNe Forums - View Single Post - Growing evidence that the downturn is upon us....
Old 11th Jul 2008, 08:30
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spinnaker
 
Join Date: Sep 2003
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Worst for 50 years

BBC NEWS | Business | Job cuts at housebuilder Barratt

Most definitely in un-charted waters now. Looking at historical data, house prices recessions are biting deeper and taking longer to recover. Maybe we're in for 5 to 6 year recession with the average property bottoming out at £110k.

Originally Posted by clear prop!!!
and ….the border closes Tuesday!
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