Sunday, July 19, 2009

'Strong signs of recovery'

Fascinating to see how quickly the headlines change. How fickle we all are. Just months ago the press and punters were seeing ongoing downside in the residential market. This morning’s Herald editorial now warns of the perils of an improving housing market. Our summary – in uncertain times, particularly in a low interest rate environment, the smart money heads for the security of bricks and mortar.

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