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Explains high price of London homes?

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Explains high price of London homes?

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Old Jun 3rd 2003, 4:30 pm
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Default Explains high price of London homes?

Looking at this graph it seems far too much cash is sinking into the bottomless pit that is London?
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Last edited by pommie bastard; Jun 3rd 2003 at 4:32 pm.
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Old Jun 3rd 2003, 4:37 pm
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Did you see this week's Economist survey of housing/ property?

I reckon there is vast oversupply of commercial property coming on stream in London and there'll be a crash there, too - not just in the residential housing market.

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Old Jun 3rd 2003, 4:40 pm
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Originally posted by pleasancefamily
Did you see this week's Economist survey of housing/ property?

I reckon there is vast oversupply of commercial property coming on stream in London and there'll be a crash there, too - not just in the residential housing market.

Ceers - Don

London is the second biggest money market in the world it drags in far to much investment in building and not enough in capital investment projects.
Never wanted to live there but far too many do.



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