London Property: Here Comes The Crash

Mark O'Byrne
September 10, 2018

– Jitters surrounding London property are finally starting to show up in home prices

– Brexit uncertainty, rising interest rates, higher sales tax and stretched affordability

– Islington suffered the biggest declines, with home prices falling 7.8 pct in 12 months as per official data

– Surveys have shown declines for several months, but now the end of the boom is clear in official statistics too according to Bloomberg analysis



London median, Islington, Wandsworth & Southwark prices. Must See Interactive Graphic Piece From Bloomberg News

*********

Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

US silver mining began on a large scale with the discovery of the Comstock Lode in Nevada in 1858.

Silver Phoenix Twitter                 Silver Phoenix on Facebook