Getting a handle on the housing market

Oh how I laugh when I get emails from PRs suggesting that the residential property is bottoming out and Acme Fund Management is preparing "a recovery fund to take advantage of the very special opportunities".

I’ve seen at least five of these in the past few weeks with funds focusing on buying land in the South East especially popular. Most of you will be as equally cynical as I am about this opportunity but getting a handle on the housing market is hugely important for all of us, if only as a confidence indicator. I have no special skills in forecasting so I tend to defer to ‘experts’ who at least have some form in the matter and when it comes to housing there’s no better placed person than Fred Harrison. Fred is a bit like the economist Roger Nightingale who I mentioned a few months ba...