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Originally Posted by Paul M
What exactly is the point of this fantasy ?
Leaving the EU is not going to make the price of houses in London match those in the Midlands or the North.
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Its not fantasy, prices are already falling and some big developers were offering sweeteners pre vote to guarantee investments should we vote out and now we have foreign banks refusing to lend to their citizens on London based property, good!
---------- Post added at 08:12 ---------- Previous post was at 08:10 ----------
Quote:
Originally Posted by Ignitionnet
Looks as if supply is going to dry up somewhat which will likely balance prices. As will the upcoming interest rate cut(s). The house builders also want some stimulus from government, too.
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They're gonna demand it, so many big developments have been put on hold or shelved all together. We've lost half our work since Christmas and their ain't much coming in to replace it for instance.