Housing Slumps Chain of Misery ; Edited by Jenny Littleestate Agents, Removers and Builders Are All Feeling the Pinch
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Summary
HOUSE prices are falling, property sales are stalling and small firms that rely on the property market face a similar slump. Estate agents are at the top of the list of potential casualties with newer independent operators most likely to face closure. But businesses in other sectors linked to property, such as construction and property maintenance, may have to diversify to survive.
Some building firms hope to avoid the impact of the credit crunch on private housing by securing new contracts in the education and social housing sectors.See the full content of this document
Extract
Housing Slumps Chain of Misery ; Edited by Jenny Littleestate Agents, Removers and Builders Are All Feeling the Pinch
For removal firms, the usual seasonal lull at the start of the year has been replaced by a collapse in...
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