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Scrutineer: Sector facing collapse?



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Published Date: 03 July 2008
By Hamish Rutherford
Taylor Wimpey
35p -25p

Terrace Hill
50p -1.5p
HOW low can the UK housing sector possibly go? If you believe what some analysts in the City are saying, those carrying a large pile of debt could face complete collapse.

Taylor Wimpey plunged to new lows again yesterday – and its peers followed i...



The full article contains 761 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 02 July 2008 9:15 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Scrutineer
 
1

truthsleuth,

03/07/2008 00:34:05
Those who speculated on the housing/land/lettings market have caught the flue lets hope its pneumonia.
Trouble is its not them that have to suffer its all of us others.
2

bus user,

edinburgh 03/07/2008 23:03:00
'Flu'. A flue is what a Sweep cleans out. And it's a little more complicated than you imply. Housebuilders are going to have a difficult time for the next few years, as they are at the delivery end of the supply chain. Thankfully, the rest of the construction industry, especially the part that will deliver big government infrastructure projects, will ride out this recession. Roosevelt, anyone?

 

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