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maverick73

London Property Scares Off Investors and Prices Out Locals

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When Bloomberg start publishing issues with house prices then prices will start a sentiment correction. Locals are stuck with low wages growth, not the interest rate setters, nor MP's but the average voting consumer, indebted to their eye balls ? 
 
A foreigners who bought early look to exploit the rise in value of sterling by selling up... but ohhh dear me, no one want to purchase it out fear of a plummeting values... 
 
I wonder how the lords will attempt to fight asset deflation and band aid the asset bubble this time B)
 
Bloomberg Link - Link
 
 

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