Mark Clare, chief executive of house builder Barratt Developments, has spoken out about prospects for the UK housing market, post the Northern Rock crisis. He sees the crisis and the shortage of credit on the money markets as likely to cause a reduction in demand for new homes, and even a fall in house prices. Whilst [...]

More: Barratt predicts short-term weakening of housing market

Funny how there's a suggestion only of short term losses - would have thought the UK property market was especially in danger at present. Or maybe not??