top | item 6656421 (no title) spokenn | 12 years ago Aren't you guys in a bubble? discuss order hn newest apierre|12 years ago London has its own economy when it comes to property. Prices have soared to a new record high just in a month (+10%).So yes, I think the capital is overheating. jongold|12 years ago Maybe - I can't see prices ever dropping significantly though. Maybe 20%, but they'll always be intimidatingly expensive for first-time buyers. dougabug|12 years ago Lehman Bros collapsed because their computer models excluded the possibility of a major decline in real estate prices. Investor confidence is a contrary indicator.
apierre|12 years ago London has its own economy when it comes to property. Prices have soared to a new record high just in a month (+10%).So yes, I think the capital is overheating.
jongold|12 years ago Maybe - I can't see prices ever dropping significantly though. Maybe 20%, but they'll always be intimidatingly expensive for first-time buyers. dougabug|12 years ago Lehman Bros collapsed because their computer models excluded the possibility of a major decline in real estate prices. Investor confidence is a contrary indicator.
dougabug|12 years ago Lehman Bros collapsed because their computer models excluded the possibility of a major decline in real estate prices. Investor confidence is a contrary indicator.
apierre|12 years ago
So yes, I think the capital is overheating.
jongold|12 years ago
dougabug|12 years ago