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Debate House Prices
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Where in London would prices be worst hit because of Brexit/Whatever?
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sann420
Posts: 122 Forumite
Hi All,
Just wanted to get a bit of a debate going ...
Which areas of London do you think would be hit the hardest if there is a price drop/crash in this city because of Brexit or for any other reason.
The rich areas: Kensington, Westminster, Mayfair etc
The middle class areas: Islington, Southwark, Hackney etc
The working class areas: Newham, Barking, Catford etc
My mind says maybe right now there is a price correction going on in the rich areas but these will always be desirable to a lottt of wealthy people around the globe so they wouldnt really plummet.
The fight will be between middle class and working class areas.
What do you think???
Cheers,
-A
Just wanted to get a bit of a debate going ...
Which areas of London do you think would be hit the hardest if there is a price drop/crash in this city because of Brexit or for any other reason.
The rich areas: Kensington, Westminster, Mayfair etc
The middle class areas: Islington, Southwark, Hackney etc
The working class areas: Newham, Barking, Catford etc
My mind says maybe right now there is a price correction going on in the rich areas but these will always be desirable to a lottt of wealthy people around the globe so they wouldnt really plummet.
The fight will be between middle class and working class areas.
What do you think???
Cheers,
-A
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Comments
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Wood Green.0
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Crashy - Why do you think that is?0
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Maybe you want to move this thread to the debate board.0
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If any moderator sees this; can you please move this thread to debate house prices board.
Thanks,
-A0 -
anywhere with an unrealistic price tag requiring 10 full time employed chaps to buy 1 bedder!EU expat working in London0
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always_sunny wrote: »anywhere with an unrealistic price tag requiring 10 full time employed chaps to buy 1 bedder!
You say that but do remember that the 10 full time employed chaps are willing to share that 1 bedder for a reason: Desirability
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always_sunny wrote: »anywhere with an unrealistic price tag requiring 10 full time employed chaps to buy 1 bedder!
So most of London then?0 -
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Being serious, anywhere where people who rely on banks or EU money for jobs buy property is going to take a hit?
I added a question mark because "EU money" is often just returned money that we have paid into the EU pot in the first place anyway?0
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