Wednesday, August 1, 2007
French second homes under threat!
Our love affair with second homes, particularly in France, has seen many fulfil that dream of a Provencal farmhouse or Mediterranean villa. But the romance is about to suffer a dose of grim market reality thanks to a row between Ryanair and Stansted's Spanish owners, Ferrovial. Having paid £10.1bn for BAA, which operates Stansted, its new owners have also inherited a £4bn project to build a second runway and terminal at the airport.