Tory Brexit No Deal DOOM™: London has Fallen!

**jamesbrown** · 27 March 2018, 15:57

London house prices have fallen because they were pie in the sky, and interest rates are going up, notably in the US where the US 10yr yield has a profound impact globally.

Either way, it's a good thing. They're still pie in the sky.

Next stop, Brum.

**jamesbrown** · 27 March 2018, 15:57

Plus this isn't the Brexit Subforum!

Burn the witch!

Plus this isn't an official thread, so I don't care.

Burn the witch!

**sasguru** · 27 March 2018, 16:32

Since December, for the first time since 1994 I don't own a single property in the UK

I hope this presages the mother of all crashes.

**jamesbrown** · 27 March 2018, 16:42

Originally posted by sasguru View Post

Since December, for the first time since 1994 I don't own a single property in the UK

I hope this presages the mother of all crashes.

On the upside, you won't be in the UK.

**OwlHoot** · 27 March 2018, 16:49

Originally posted by AtW View Post

The five London boroughs where house prices have fallen the most

https://www.telegraph.co.uk/property...s-have-fallen/

DOOMED™

"To continue reading this article log in to your Telegraph account..."

What are the boroughs? Do they include Kensington & Chelsea?

(I just want to gloat about selling my place at the top of the market

)

**sasguru** · 27 March 2018, 18:16

Originally posted by OwlHoot View Post

"To continue reading this article log in to your Telegraph account..."

What are the boroughs? Do they include Kensington & Chelsea?

(I just want to gloat about selling my place at the top of the market

)

You didn't.

HTH, BIDI.

**sasguru** · 27 March 2018, 18:17

Originally posted by jamesbrown View Post

On the upside, you won't be in the UK.

I might be back if the crash is big enough to enable me to buy a large feck off penthouse overlooking the Thames

Brexit is a scam to make people of my class even richer after all, at the expense of the plebs

**jamesbrown** · 27 March 2018, 18:31

Originally posted by sasguru View Post

I might be back if the crash is big enough to enable me to buy a large feck off penthouse overlooking the Thames

Brexit is a scam to make people of my class even richer after all, at the expense of the plebs

You have class?

You hide it exceptionally well.

**DimPrawn** · 27 March 2018, 21:10

Originally posted by AtW View Post

The five London boroughs where house prices have fallen the most

https://www.telegraph.co.uk/property...s-have-fallen/

DOOMED™

Russians pulling out their dirty money.

https://www.independent.co.uk/news/b...-a8274106.html

That means 28 per cent of house price growth over that period (1994 to 2014) could have been down to overseas investment – much of it through anonymous shell companies registered in secretive tax havens.

Frontmen for anonymous foreign firms that invest in British property will face up to two years in prison and unlimited fines if the true beneficial owners of the property are not named on a public register, under plans revealed last week.

This is why prices in London and other big cities are collapsing.

Tory Brexit No Deal DOOM™: London has Fallen!