Monday, January 4, 2010
Optimism – to anticipate the best possible outcome
''According to the upmarket estate agent, while inflation-adjusted house prices grew 68pc in the Noughties, prices will grow just 40pc in the next decade. This compares with -14pc in the 1990s, 43pc in the 1980s and 49pc in the 1970s. "The Noughties will be remembered as a decade of polarisation â€“ its legacy a residential market split, possibly irrevocable, between the equity haves and have-nots," Lucian Cook, director, Savills residential research, said.''