Where the heck are we?

  • After a decade of Bull calling the shots, it is now time for Bear to have his turn in the limelight.

  • The turmoil of the financial markets is taking a heavy toll on the property market.

  • Higher interest rates and gilts yields are heavily impacting on both property companies and the institutions alike.

  • No-one will be unscathed so long as the Bank of England and the Chancellor of the Exchequer are at odds with each other. Something (or someone) has to give.

  • A fall in capital values is now inevitable. The only question is by how much. Predictions range from 10% to 20%.

  • Enjoy your Sunday!

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