View Single Post
  #6  
Old 23.08.2016, 22:30
fatmanfilms's Avatar
fatmanfilms fatmanfilms is offline
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 17,945
Groaned at 285 Times in 234 Posts
Thanked 15,429 Times in 8,573 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Any feelings out there about property prices?

This may be of interest, as the marginal buyers dry up then prices could fall a very long way. The last paid price is no indication that it can be sold at anything close to what was paid.
http://www.marketoracle.co.uk/Article56275.html

This is very clearly happening with high end London property, prices have been reduced 15-25% & still nobody bites, will the price have to fall a further 15-25% or more, only time will tell.
Reply With Quote
The following 2 users would like to thank fatmanfilms for this useful post: