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Emc
New Member
I've noticed prices around where I live in south east London are dropping. I had a quote for my flat five month ago and prices since then (just by my observations) are now maybe £30,000 lower or more, plus nothing is moving. Two flats have just dropped the asking by £25,000 in the last couple of days. I'm curious why none of this is being reported in the media.
So my question is - do you think we are headed for a London / UK crash (as a French bank recently predicted of 30% to 50%) or are we just in a post-Brexit slump and prices will recover once the shock has worn off?
In either case, how long do you think it will last for and are we better off getting out now before prices dive?
So my question is - do you think we are headed for a London / UK crash (as a French bank recently predicted of 30% to 50%) or are we just in a post-Brexit slump and prices will recover once the shock has worn off?
In either case, how long do you think it will last for and are we better off getting out now before prices dive?