Correction

This is going to get very ugly indeed

This is going to unwind spectacularly with the mortgage multiples being thrown around right now

Rightmove martket trends is very behind - only data up to February. Is it always so far behind? https://www.rightmove.co.uk/house-prices-in-my-area/marketTrendsTotalPropertiesSoldAndAveragePrice.html?searchLocation=tq8&sellersPriceGuide=Update+Results

On LBC now http://www.lbc.co.uk/london/radio/player/

This is a disgrace

Love how asking prices are referred to as being discounted - as though the underlying value doesn't fall it's going to be interesting watching the market being chased down.

It's all about interest rates innit. The time will come when interest rates have to go up and it ain't going to be pretty

Ah sorry, I misunderstood. Aren't these off plan?

Lower down on the right hand side under listing history

Battersea power station taking a Battering http://www.zoopla.co.uk/for-sale/details/40737717?search_identifier=cefb1696d8f4711e5493592e80c30329#xAsBOTueeStpuiSh.97 £550K off in 2 weeks

This is going to be spectacular, looking at Birmingham, supposedly lots of HPI going on. This one in Solihull is 25K higher than 2006 (9% higher before inflation taken into account) http://www.zoopla.co.uk/for-sale/details/40601639?search_identifier=dbda85d49a1e04a990c995aec05b27c6#EOG8fv43Mujj5IgR.97 and HPC hasn't even started yet

The irony is that if Cameron and Osborne hadn't headed the remain campaign, remain would have probably won. Much of the leave vote was people who wanted to give Cameron and austerity a good kicking

No, it is per square foot, just not 1.3% for every square foot

Am I dreaming or does this call the top?

Now I rarely post, and I've had a glass of wine, but if a post can signal the top, this is it..