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Showing results for tags 'burst'.
Looks like the FT are not the only ones to this were on the edge of small corrections price corrections (10%). Hopefully, the actions match the words. I used to be a home owner in Ruislip and bought a home in 2005 for £205k I recently saw a house for sale on the same street for £650k. It was a shock to me how much a three-bedroom terraced house is going for in London, especially when the salaries have been stagnant or dropping in some cases. I almost feel that an elite is trying to remove those who grew up in an area, to make way for richer cliental from abroad. http://uk.businessinsider.com/times-survey-londons-property-bubble-will-finally-burst-in-2017-2016-12
I'll look forward to this day with glee. As a future median salary earner, I hope too one day to buy my own average home, and join the nation of home owners. https://www.ftadviser.com/investments/2016/10/04/uk-property-bubble-will-burst-by-2017-warns-economist/