London Real Estate Prices Are Crashing

London Real Estate Prices Are Crashing:

… And the easiest way to confirm it, is to look at recent (and not so recent) home listings in Kensington and Chelsea, where we find something stunning: out of 130 pages of adverts, with 15 ads per page, nearly half of all properties, or 53 of the pages show price reductions.

Page 1

lon-housing-first

… through Page 53

lon-housing-last

And it will only get much worse: there are 23 pages worth of property that has been on the market for more than a year.

london-old-on-market_0

The liquidation sales are coming.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

1 thought on “London Real Estate Prices Are Crashing”

Leave a Reply to squodgy Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.