The property sector will take a further beating in the next two years as the current financial crisis deepens, but it will rebound from before the rest of the economy, according to Roger Bootle, managing director Capital Economics. 'Rents for commercial property will fall and we will see further falls of capital values. But this sector is early on in the recovery process. It has fallen faster and we will see activity and prices rebounding before overall activity in the wider economy.'
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