Alastair Stewar has almost 30 years experience of the construction industry as equities analyst, journalist and columnist. He writes a monthly column on the residential market for Property Week and sits on the housebuilding panel of the Experian Construction Forecasting Committee.
The lights are once more going out all over Europe. But the darkest hours in pandemics have often heralded glorious dawns. The horrors of the Great War and even deadlier flu gave way to the Roaring Twenties; the vast social changes wrought by the Black Death ignited the Renaissance.
The Muppets, sorry, members of parliament have connived against leaving the EU by today and the chaos our self-serving representatives have visited upon the land is already evident in a slew of profit warnings from some of the housing sector’s hitherto most dependable operators.