Tuesday, Oct 23, 2007
A nice selection of quotes regarding London house prices
Firstrung.com: London house prices being called in
...experts from the NAEA and RICS suggest that London has already fallen by an average of 10% per annum in some areas... but still it isn't enough to tempt buyers back to the market to buy... Robin Amlot, senior editor of moneyextra.com: "I expect prices to come to a standstill - which will feel like a crash"
Posted by disillusioned @ 01:24 PM (328 views) Add Comment
2 Comments
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1. Mark said...
How can a chief economist "Martin Ellis" Make such a comment, I would fire him if he worked for me.. prices cannot keep going up, most people now cannot afford the prices..so how can they afford more?
2. new_order said...
10% drop in London eh? That will be a relief to an engineer from Poland who is now in London working as a cleaner on £6,000 a year.