RE: Technical recovery?18 Oct 2017 23:25
Pearls I think ur bit too negative here, let’s wait for the budget then judge the chancellor, houses price in London still is really high, there’s simply not enough in London, Brexit hardly will turn people away from London, London is prime location demand always here, and you just answered ur self if the government don’t commit to house building program then prices will keep rising and weaker pounds mean more overseas customers buying much as possible, Premium prices deserve premium service which these rich people won’t mind paying, all these estate agent in London seem to be doing very well otherwise they should be closing down fast! Hopefully this should smash 80 tomorrow and continue over a pound, they have no debt and strong ballance sheet and strong cash flow together with resilient rental market and expected reductions in stamp duty, shorts are in for a big squeeze