Hi, one conundrum for you guys.
London HAS or HAS NOT a property bubble ?. After reading articles from both sides for the last 2 years in the London property market, here two examples:
Business Insider:
These charts show how London's property bubble may burst at any moment http://www.businessinsider.com.au/hsbc-london-house-price-and-earnings-charts-2015-12
Absolutely the opposite ...
Will UK Interest Rate Rises Crash House Prices?
http://www.marketoracle.co.uk/Article51903.html
This just seems unsustainable but with an increasing immigration, house shortage, help-to-buy scheme with governments borrowing a lot of money, its just doesn't really looks it can't stop. But none of us canĀ“t afford to buy in the next 5 years with headlines saying that prices could soar 50% in the next 10 years.
Thanks
Roger