| "I am sitting in our £5million chateau in Megeve in the Alps. I will sue anyone who says that Imagine Homes is in financial difficulty. We are 20 per cent owned by HBoS and we have huge profits that have yet to materialise." | |
| Grant Bovey, Manging Director Imagine Homes | May 2008 |
| "It is painful out there and will remain so far certainly for a year. The loss of a third on the back of four years of ridiculous growth would bring it back to normality. It would end the oversupply of hopeless estate agents who in the boom pretended they could sell houses simply by sticking a board outside a home. Now the real estate agents are worth something." | |
| Peter Rollings, managing director of Marsh & Parsons | May 2008 |
| "There is no sign of a property crash and never has been. Predic-tions otherwise have been grossly exaggerated. What we have seen is a small correction from a massive peak and there is very little chance of falling into an abyss." | |
| John Wriglesworth | May 2008 |
| "As the UK housing market downturn gathers pace, it is common for analysts to argue that this downturn will not be as bad as the early 1990s vintage. It looks like it will be worse, perhaps far worse." | |
| Alex Vitillo, of Fathom Consulting | July 2008 |
| "Vendors are thinking about last year's prices and buyers are thinking about next year's prices." | |
| David Smith, Martyn Gerrard Estate Agents | September 2008 |
| "It is time to end the age of irresponsibility." | |
| Gordon Brown | September 2008 |
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