3 ms·
Nope. Demand still exceeds supply otherwise the government wouldn't be trying to build thousands of new houses and flats each year. Also, London is an employm
by DrBazza 9y ago
Nope. Demand still exceeds supply otherwise the government wouldn't be trying to build thousands of new houses and flats each year. Also, London is an employment hotspot. When people stop moving to London, then prices will drop. UK net migration is still over 200,000 a year, so that's 200,000 people on the demand-side of property prices.
- jwblackwell 9y agoI think the top of the market is falling as foreign buyers are deterred for various reasons. You are right though, there is so much demand for entry level homes a substantial crash is unlikely