History says Britain’s property market is in for a long slowdown, not a crash

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A house price correction of between 10% and 20% looks increasingly likely, writes Colin Jones, Professor of Real Estate at Heriot-Watt University. So what lessons can we learn from previous property market slumps?

Written by

Professor Colin Jones

Professor at Heriot-Watt University since 1998. Formerly worked at the Universities of Manchester, Glasgow and the West of Scotland. Member of the Editorial Board of the Journal of Property Research. Trustee of Shelter 1990-2007.

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