Monday, March 3, 2014

MoneyWeek describe 3 signs of the London property bubble

Three signs that the London housing market has gone mad

Everything points to London house prices being a massive bubble, says Matthew Partridge. Here, he outlines the three key signs that prove it.

Posted by andrew.williams @ 01:19 PM (2760 views)
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7 thoughts on “MoneyWeek describe 3 signs of the London property bubble

  • A good article – their mag is worth a read too. This is what happens when asset markets are artificially manipulated.

    Cameron just wants to get elected, supported by his top media friends – like Rebecca. If she said it was 2014 would you believe her? Ed just wants to make the Labour party look electable.

    Most of the electoral seats stay the same for decades. Only a few (marginals) in the middle make any movement. Once in the house, you just nod your head and follow the leader. Simples.

    Which brings me back to the bubble being created. It’s been mentioned on this site SOooo many times.

    Media articles applaud rising House Prices. This is not consistent with their journos moaning when the City of London puts up parking charges or taxi fares rise, etc. Has anyone else noticed?

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  • “Has anyone else noticed?”

    I’ve noticed that an article you posted the other day has disappeared…

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  • Not according to BBC2 right now – it’s because London is so fantastic. Smells like government.

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  • stillthinking says:

    This is a great post. Thanks. A % asking price graph!

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  • There is no shortage of properties….they are just in the wrong hands…if
    Interest rates were 5% there wouldn’t be a problem

    If companies weren’t zombie they should be looking at cheap areas to relocate
    Helped by enterprise zone status

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  • What about cheaper salaries then….with the speed of broadband and cheaper costs including rent…
    Companies should be running from London

    Why aren’t they?….is it not trendy?

    London is far worse a city than 10-15 years ago believe me

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