Saturday, 15 November 2008

Surviving the Property Credit Crunch

You will have to be living under a rock not to notice that the recession is upon us and that the credit crunch has taken the wheels off the economy. Cutbacks are being made left, right and centre in the job market and consumer spending has taken a downturn. This has affected the property market immensely because it means that what was once a buoyant market full of sales and viewings has now turned into one of huge decline. People are no longer snapping up properties like they did a few years back but instead are choosing to rent. More crucially those who are already on the property ladder and would have been looking to trade up are staying put. Enter The Home Show from the fold of Channel 4, pioneers of property shows such as Location, Location, Location, Selling Homes and Property Ladder. All these shows tapped into the property boom of the 90s and showed the viewers how they could make zillions from their home. Sadly those days are over but The Home Show is here to the rescue to show us how we can stay put but still have the home of our dreams.

Trendy architect, George Clarke focuses on a different family home each week, reworking its layout to optimise its space, natural assets, comfort and style. Similar to Selling Homes, the homeowners clear out of their pad while George transforms the place. The magazine like show also features architect, Angela Brady who takes us through the stunning style of European homes and gives viewers tips on how they can replicate the look. Also Builders Confidential looks at the things that drive us crazy about builders and throw us some inside tips on how to get the best service.

You can catch The Home Show on Wednesdays at 8.00pm on Channel 4.

For those who are hell bent on buying Channel 4 have created a spin off edition of Location, Location, Location which sees presenters, Kirstie Allsop and Phil Spencer seeking bargains for homebuyers and offering tips on how to stay afloat in the current climate.

Location, Location, Location: A Survival Guide is on Monday at 9.00pm on Channel 4.

1 cool comments:

Kwana said...

So sad. Your economy is just a bad as ours huh? Sorry. I was watching our US Property Ladder today and noting that 2 episodes in a row the flippers did not sell their properties by the end of the shows. I was thinking to myself, how long will this show last in the this economy?