British Housebuilders
Autor Fred Wellingsen Limba Engleză Paperback – 7 sep 2006
The transition from the local housebuilders of the 1930s, through the regional diversification of the 1960s, to the national housebuilders of today is charted via a series of industry league tables.
The rationale for the growth in national firms is analysed. The conventional explanation of economies of scale is rejected: instead, the stock market is found to play a key role both in facilitating acquisitions and in demanding growth from its constituent companies.
The supply-side analysis also addresses the frequent corporate failures: succession issues, lack of focus and the 1974 and 1990 recessions have played their part in equal measure.
British Housebuilders provides the first opportunity to review the evidence drawn from a century of speculative housebuilding; it is only with this historical perspective that sound judgements can be made on the corporate role in housebuilding.
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Specificații
ISBN-13: 9781405149181
ISBN-10: 1405149183
Pagini: 304
Dimensiuni: 173 x 243 x 16 mm
Greutate: 0.69 kg
Editura: Wiley
Locul publicării:Chichester, United Kingdom
ISBN-10: 1405149183
Pagini: 304
Dimensiuni: 173 x 243 x 16 mm
Greutate: 0.69 kg
Editura: Wiley
Locul publicării:Chichester, United Kingdom
Notă biografică
Fred Wellings, former research partner at Credit Lyonnais Securities, is a well respected figure in the housing industry - partly through his Private Housebuilding Annual containing data on the corporate structure of the industry. For the current edition see www.fredwellings.co.uk
Descriere
* Analyses the relationship between housebuildng firms' behaviour and the housing market cycle * Provides the historical perspective currently absent from the literature * High-profile author in housing writing in an accessible style.