I have to thank one of my fellow Cambridge intellectuals who travels in on the train with me each morning for pointing out a gem from a website which tracks trends in the UK housing market. House prices nationally have now fallen in each of the last 10 months apparently, but there is light at the end of the tunnel, John Wriglesworth, an economist and author of a report on the state of the market, writes. Indeed, he argues, there are no fundamental reasons why the market should not recover shortly, but lists the following factors to explain why, for now, it remains in the doldrums.....
"The forthcoming election, a change of pope, a newly married heir to the throne and the collapse of Rover....."
Excuse me??! A huge prize for anyone who can get that lot into their 2nd quarter investment review and for my part they are stored up as excuses I will present my head of sales with for my lacklustre performance on the business front!
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