Monday, Jun 18, 2007
Prices down in many boroughs
Times: London property prices start to slow
"The June index of asking prices from Rightmove, the website, shows month-on-month falls of 1.7 to 2.8 per cent in the boroughs of Haringey, Hounslow, Lambeth, Southwark and Tower Hamlets" "exuberance persists in such metropolitan locations as Camden, up 7.4 per cent since May" "smarter postcodes - hot spots where most buyers are less preoccupied by the increases in interest rates"... this is horse-poo-poo... everybody knows that prices in every neighbourood have maxed out affordability at current IRs (with the sole exception of some oil-tycoon and Mr Abramovich). So IR rises will bite Camden and South Ken as well. Why cant the press be more objective.!?
Posted by confused76 @ 07:09 PM (214 views) Add Comment
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