Saturday, January 10, 2009

Affecting House Prices in Edinburgh?

Retailers warned: Brace yourself for financial meltdown

Andrew Murphy, the general manager of John Lewis in Edinburgh, said the flagship store would fall from one of the company's star performers to among the worst. He said this was because the city would suffer disproportionately from the economic downturn, amid concerns over huge job losses in the financial sector.

Posted by alan @ 03:54 PM (1070 views)
Please complete the required fields.



7 thoughts on “Affecting House Prices in Edinburgh?

  • pheww…lucky it wont affect house prices…!….as can be seen from the various predictions on the HPC homepage

    Reply
    Please complete the required fields.



  • inflation is eating my savings says:

    perhaps it might make Edinburgh people more humble and stop going around with brooms up their backsides.
    yours sincerely, a Dundonian

    Reply
    Please complete the required fields.



  • 2….Indundeed.

    Reply
    Please complete the required fields.



  • Highland Property Bubble says:

    The story of the Scottish property market in 2008 was one of advertising properties at 2007 prices and watching the market stagnate as buyers refused to pay ridiculous asking prices. The “offers over” days are well and truly finished for the foreseeable future.
    Here in Inverness alone there are around 400 properties advertised with the local property centre, HSPC, where the average would normally be around a hundred.
    Huge reductions in asking prices are going to have to be made as the recession and possible depression continues to unfold.

    Reply
    Please complete the required fields.



  • @ Inflation Is Eating My Savings

    I’ll ‘third’ that…..yours, a Fifer! ( I would not normally admit that in decent company) ;o)

    Reply
    Please complete the required fields.



  • Crash Gordon and Badger won’t allow massive job losses in their own back yard in the run up to an election.

    It will be my neck of the woods, West Yorkshire, that takes the hit from the HBOS / Lloyds merger.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>