Strong Dirham and Weak Pound

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News & Views

Bellway plan to invest GBP 40 million in land bank
Bellway PLC have announced a massive new land buying strategy Belway PLC has just announced a strategy to sell GBP40 million worth of shares to purchase land suitable for development Further Reading Bellway Places Shrs To Buy Land
National Housing and Planning Advice Unit Recommends Increase to House Provision.
The NHPAU, UK’s foremost advisory body on housing affordability, has recommended a further increase of house provision based on future projections of household growth and the changing social demographic of the UK. “The net result is that we are advising that the bottom of the range figures should increase by an average of 3% to an

Saturday, January 3rd, 2009

20090103_news Strong Dirham and Weak Pound means buy land.

…and with falling property prices where Dubai house prices are down 25 per cent (source Gulf Daily News) and property prices may fall up to 50 per cent (source Khaleej Times).

Is it time to consider an alternative?

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