28th November 2007, 11:03 AM
shortish-term pain I suspect - long-term is the need for housing to meet the government targets, and also ultimately for housing companies to maintain cash flow and liquidate assets held in land banks (often low investment yield farmland). The process of planning consent for large schemes is so long-winded now anyway that archaeology, at least to evaluation stage, will get done as part of that, so they are ready to build when market improves.
However, you may well find that the "diggers' market" of the last 18 months has a chill wind blowing through in coming months, and not just because it's winter.
However, you may well find that the "diggers' market" of the last 18 months has a chill wind blowing through in coming months, and not just because it's winter.