Many commentators are probably quite nervous about predicting this year’s property movements! And with just cause. We don’t really know whether the economy will continue to recover in 2010, whether the private sector can improve enough to cover the inevitable drop in investment from the public sector and pending job losses. We also don’t know quite when interest rates will start to increase and although everyone will know who they’d like in government, we don’t really know who it will be, or even if it’ll be a hung parliament causing further confusion.
On top of all this uncertainty, there is the further fear that the pound will slip further against the euro and the all important dollar and how much ‘leeway’ the international markets will give the UK to pay back our frighteningly high deficit.
Find out what my property predictions are for this year!
Tuesday, 26 January 2010
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