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Realistbear

Times: E As Now Outnumber Total Troops In The Army

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http://business.timesonline.co.uk/article/...2271821,00.html

Housing market
The Sunday Times July 16, 2006
Special Report
Invasion of the estate agents
The sector employs
134,000 — more than the British Army
, reports Angus McCrone
Their rate of growth has been just as striking. The number of people employed in “real-estate activities on a fee/contract basis” (which includes estate agents and people managing properties for others) has jumped 72% in 10 years.

Add in the other VIs and you can understand why Gordon has to prop up the housing market. When it crashes a LOT goes down with it. :lol:

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In the slump of the early 1990s, offices closed, jobs disappeared and several big financial firms left the market. The Prudential, which bought its estate-agency chain in June 1985, sold it in May 1991, with a loss of £340m. Could conditions get that bad again? Rupert Sebag Montefiore, chief executive of the UK residential arm of Savills, the quoted agency chain, said: “
We are in a dream market at present
. The question is how tough might it become
.

Nightmare more like it? :lol::lol:

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http://business.timesonline.co.uk/article/...2271821,00.html

Housing market
The Sunday Times July 16, 2006
Special Report
Invasion of the estate agents
The sector employs
134,000 — more than the British Army
, reports Angus McCrone
Their rate of growth has been just as striking. The number of people employed in “real-estate activities on a fee/contract basis” (which includes estate agents and people managing properties for others) has jumped 72% in 10 years.

Add in the other VIs and you can understand why Gordon has to prop up the housing market. When it crashes a LOT goes down with it. :lol:

I wornder if the situation here is anything like the US, where they reckon 50% new jobs created since 2003 are real-estate related !! [ I guess EA's, 'negotiators', B&Q type work, builders, garden designers etc]

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How about sending estate agents instead of the army to Afghanistan and Iraq. They would be much more appropriate cannon fodder for the Taleban and Al Qaeda.

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Indeed. Sell overpriced, crappy 'executive flats' to the Taliban and al Qaeda and they'd be far too busy trying to pay off their huge mortgage to attack anyone.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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