Description
Book SynopsisThe worldâs housing markets have seen the sharpest slowdown in prices and transactions for over a generation â nowhere more so than in Britain. So what can the property industry learn from the experience? This book sets out the signals that were appearing from 2005 onwards as the foundations of the industry began to crack. Norwood asks: why were they missed? Why did so few people speak out against gluts of apartments in major city centres targeted at falling numbers of investment buyers? Did we not know or care that property scams were becoming rife? Could we not see at least some alarm signals from the problems destroying the property industry in Spain?
For the first time, senior figures from all elements of the residential industry â developers, agents, analysts, lenders, planners and pundits â comment on what they believe led to the downturn. The book then sets out what the industry may learn from the experience. It compares those developers and estate agents that down-size
Table of Contents
1. Introduction 2. How the Crash Happened 3. The Victims – Those Who Fell 4. How Did the Others Survive? 5. The Developers That Suffered 6. The Developers That Prospered 7. What Should Agents and Developers do in the Future? 8. Conclusion
