4 ms·
The only reason anyone is paying £1m+ for pokey two beds in Battersea is because they think a greater fool will pay more in a few years time.
by _9MOTHER9HORSE 10y ago
The only reason anyone is paying £1m+ for pokey two beds in Battersea is because they think a greater fool will pay more in a few years time.
- mrec 10y agoAlso, "sales" on these new developments often turn out to mean "off-plan Asian investor put down a £20k deposit which they can and will walk away from in a heartbeat if the market looks like turning, because what are you going to do about it?". In some ways they behave more like options for property speculation.