ONE MAN’S VIEW - HARVEY M. SONING, FRICS
Last quarter I was asked whether property is a barometer of the UK
economy, and I gave what I thought was a comprehensive response.
Subsequently I have been asked whether my opinion has changed.
Before I was asked to do this, I was commenting to
a colleague that I had now seen more downs than
ups in the market in my long career. Of course,
every trough is followed by a wave, despite everyone
saying we won’t make the same mistakes again, we
all get caught in the moment.