Jump to content
House Price Crash Forum

The Halving of the Centre - Covid and its Effect on London Property (50% falls?)


Recommended Posts

14 minutes ago, Neapolitan said:

I can’t copy and paste through the app. 
 

You’ll find them using Zoopla though. Check last price sold if there and the reductions. 
 

Still asking 700k for a 2 bed flat with 20 years left on the leasehold. Crazy

Asking is not selling.;)

 

Link to comment
Share on other sites

  • Replies 56
  • Created
  • Last Reply

Top Posters In This Topic

1 hour ago, Neapolitan said:

Central London is falling worst than a 50y old woman when the likes of Brad Pitt or George Clooney would tell them they’re the only ones that can still get them hard.

I was looking at properties in Chelsea. These are all the Airbnb’s I was talking about in the other discussion. Properties bought for 1 million in 2011/2013 now on the market for 600k. 
 

Properties with prices knocked down by 15-20% in 6 months. 

Im running an unofficial UK Property Lion index for August just to see where we are from last Quarters rise.  

Must be peak madness by now.  I'll keep people posted as I wont be publishing it on the UKPropertyLion twitter feed.

Link to comment
Share on other sites

3 hours ago, Postman said:

Kirsty's whole existence hinges on property pumping. Working from home = bad for commercial property. Kirsty must protect the investments of property investors at all costs! 

https://en.wikipedia.org/wiki/Kirstie_Allsopp

"Her partner is property developer Ben Andersen, and they have two sons, born in 2006 and 2008.[14] She is also stepmother to her partner's two children, Hal and Orion, from a previous relationship. They live in London."

She might have inadvertently profited from her pwaptee wamping perhaps ?

What a god awful woman.

The best bit is, if you google her partners name (Ben Andersen )...it comes up with loads of links to her. 

He's a bigger **** then her.

I did come up with:

Holmgold Limited," 

 

https://www.bloomberg.com/profile/company/0242329D:LN

"Holmgold Ltd is headquartered in England. The company's line of business includes subdividing real property into lots."

Nice chap. Lovely Couple.

 

 

Link to comment
Share on other sites

  • 2 weeks later...

Very interesting article that backs up observations on here:

Quote

London’s suburbs are leading the capital’s economic recovery from the pandemic, as consumers shop and dine out locally, while the absence of office workers and tourists has kept city centre spending muted.

Consumer outlay on clothes and hospitality in smaller local centres, such as Southall and East Ham, either matched or surpassed January levels by mid-July, according to a report from the thinktank Centre for London, and King’s College London.

The report tracked the impact of the pandemic on the capital’s economy five months after the coronavirus crisis began. Transaction data from Mastercard, the credit card company, showed consumer spending had shifted from central London towards outer zones, as office staff continued to work from home even after lockdown restrictions eased, and international tourists stayed away.

https://www.theguardian.com/business/2020/aug/19/suburbs-lead-londons-economic-recovery-while-city-centre-struggles

 

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.