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http://www.thetimes.co.uk/tto/business/industries/construction-property/article3943342.ece Candy warns the luxury property sweet spot could soon turn sour One of Britain’s best-known property developers has warned that the bottom could fall out of the market for the kind of super-luxurious and super-expensive apartments favoured by tycoons and oligarchs. Nick Candy, the chief executive of Candy & Candy, said that the rush to develop high-end luxury flats in London could lead to an oversupply that, in turn, could hit values.
