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The London property market is doomed, doomed I tells ya

Generali · 2016-06-25 08:04:12

From Deutsche Bank via the FT. http://ftalphaville.ft.com/2016/06/20/2166879/the-london-property-market-is-doomed-doomed-i-tells-ya/ The sums Deutsche Bank have done assume a 35 year mortgage and and 65% LTV loan for a higher rate taxpayer and use a 3.5% yield. Here are Deutsche's workings: But that's all right, it's as…

Comments

Thrugelmir Posts: 89,546 Forumite

25 June 2016 at 5:38PM

AG47 wrote: »

Watch for a MASSIVE attempt by the EU and the Bad Guys to destroy the financial markets in the coming weeks as it will be the only thing left to save the EU. Come mid-July, when the derivatives are settled, there won't be much left to pass around.

The ECB does not the remit. Even if it did there's no firepower in the locker.

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