Monday, 18 September 2017
West London house prices off 10%
Prices down 8-10% in west London YoY but still barely a 3% gross rental yield if fully occupied.
Unwinding George Osbourne is going to be painful for those left high and dry. Havent seen Brexit repatriated related selling and only the cusp of Buy to Let exiters. Carney is also threatening a rate hiking cycle to cool off the real economy which will pressure the financial and asset economy here.