UK: London Housing Market Is Completely Crazy


While BOE doesn’t seem to be worried about housing market in England, it is useful to remind everyone that what is happening now to housing prices in London is completely crazy

While we are only 90% sure that UK is experiencing a huge housing bubble, what’s happening in London is just unbelievable.

Look at this and try to deny it:

Average UK and London House Prices

But this is obviously not a bubble (it’s the recovery, stupid !).


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