So, Tesco is getting into housebuilding. Is there no end to how this very successful corporation will diversify?
Now you will be able to buy a house, finance it, furnish it and live in it all from a singe supplier - not a bad business model for them.
So will it impact the property market? Not really, volumes at least to start with are probably a very small drop in the ocean.
Let us hope that Tesco live up to their green credentials and build these homes with sustainability in mind. It is an interesting opportunity for them to set a precedent against some of their more traditional competitors and in terms of long term energy targets for UK plc that is good.
Let's watch this development and see how it evolves.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment