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This profile was automatically generated using 21 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 21 references found on the Internet. This information has not been verified. Learn more...
View all 21 references Web References
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1. www.uklandinvestments.com
www.uklandinvestments.com/arti - [Cached]Published on: 12/17/2007 Last Visited: 2/16/2008
Saxon Brettell, Cambridge Econometrics
Saxon Brettell, of the consultancy Cambridge Econometrics, said a fear of being left behind and a desire to cash in on windfall gains, are big forces driving demand.
"The long run forces are the need for shelter and accommodation, and allowing people to live in the location where they want to.
"But if you didn't believe that you had to get onto the housing ladder as quickly as possible as a young person, we wouldn't have this stressful activity with the search for early ownership, early on in their careers, especially in the South of England," he pointed out.
Despite the house price crash of the early 1990s, many people continue to believe the conventional wisdom that you cannot lose by getting into property.
So they buy flats and houses, bid up prices and it all becomes a self-fulfilling prophesy.
"A really strong component of demand is speculative, taking advantage of what you think is happening in the market, and the fear factor, that if you don't get into this market you will be left behind," said Mr Brettell. -
2. www.evalsed.com
www.evalsed.com/team2_3.aspx - [Cached]Published on: 3/6/2007 Last Visited: 3/6/2007
Saxon Brettell - Cambridge Econometrics -
3. Mortgage Endowment News
www.mortgagearrangers.co.uk/ne - [Cached]Published on: 1/10/2006 Last Visited: 10/3/2007
"People will sit in their houses, unwilling to sell them at lower prices," said Saxon Brettell, an economist at Cambridge Econometrics, a research institute.

