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Property crash

At an extraordinary final session of the British Property Federation conference in Brighton last week, critics from Legal & General, Credit Suisse First Boston and the ft condemned the giants of the property sector as 'dinosaurs', 'creators of a hostile environment for customers' and as pursuing 'investor unfriendly' policies which would see a decline in funding from financial institutions. Michael Slade of go-go stock Helical Bar, one of the new wave of developers, amusingly claimed ...

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