Reply To: Spain and UK seem to be competing for biggest fall in ’09

Spanish Property Insight Forums Spanish Property Forums Spanish Real Estate Chatter Spain and UK seem to be competing for biggest fall in ’09 Reply To: Spain and UK seem to be competing for biggest fall in ’09

#90796
Anonymous
Participant

I saw this story yesterday and have to say I take it with a pinch of salt.

The reports authors, Numis Securities, are a small investment bank with no particular track record of monitoring or predicting property price trends. What they do appear to have a good track record in is press releases designed to attract newspaper headlines. This is one such case.

I´m not saying that they don´t have a case. Rather that I´d be much more likely to believe any such argument if it came from a more reliable source.