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Property Snapshot May 2020

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1905 property snapshot
Given the fledgling steps to re-open the UK economy, our economic trajectory should begin to improve, even if not immediately visible in the official data. In the UK property sector, better access to premises for inspections and valuations subject to safeguards is resulting in a palpable change in sentiment. Likewise, the housing market is re-opening. Given that 500,000 people have been unable to move, I take this as a positive sign. It also suggests that the housing market may be used, as in the past, to be a key driver of economic recovery. Look for supports and, dare I say, tweaks to stamp duty and other regulatory measures that were already dampening activity. Given that the latest GDP release shows that the consumer economy is taking the greatest hit, and given that the consumer economy is driven in large measure by the fortunes of the housing market, what else is one to conclude?

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Property Snapshot May 2020

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Walter Boettcher

Head of Research and Economics

Research and Forecasting

London - West End

I am the the Chief Economist at global property advisors Colliers International based in London.  I am a research economist identifying timely research topics and directing research and forecasting outputs.

I have over 20 years UK and European property industry experience and extensive expertise across a wide range of property sectors and related industries.

I participate regularly in industry panel discussions, but am focused more on direct client engagement with institutions, property companies, banks, and private investors. A regular media commentator, I have a wide range of national and broadcast experience.

I joined Colliers International in August 2007 after several years at a private property company where he was responsible for managing a mixed portfolio of London residential, retail and office assets.

Previously, I worked in a few London property advisory firms, a geodemographic company as well as a few youthful sojourns in the US offshore oil industry, local government and entertainment business.

I am an economics graduate of the University of Texas at Austin and received his PhD from the Faculty of Science at University College London.  I am a member of Lambda Alpha International and the Society of Property Researchers.

Perhaps best known for my alternative take on property economics and investment, I am a keen proponent of UK regional development and infrastructure investment.

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