Wednesday, July 9, 2008

Oil – the losers and winners

Winners and losers in the global property market defined by growing oil prices

Soaring oil prices are affecting property investment across the globe to such an extent that countries that import energy supplies are likely to see even more of a downturn before markets bottom out. {Link from an earlier post today - long but can be paused, and worth a listen, http://commoditywatch.podbean.com/2008/07/09/uk-property-how-low-will-it-go/ }

Posted by whostolemyendowment @ 04:39 PM (417 views)
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One thought on “Oil – the losers and winners

  • There has been some suggestion that much of Britain’s economic growth over the past quarter-century has been largely down to north sea oil; Thatcherite/Blairite economics just happened to be in the right place at the right time.

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