It's only a matter of time!! Anything positive said about the property market over the last 5 years was lies!!! The whole market has been propped up by artificially low interest rates, which could be setting us up for a bigger crash.. London or not!

we managed before the euro came along i`m sure we will manage again

Heres a little story – well not really

13 or so years ago a little Cheshire cat moved into a renowned property in London, along with his other mate who was rather boring.

In a short period of time, they started to look at ways of creating an equality within the country based on wealth transfer, making people do very little to get off their asses and giving those who choose to do nothing, more and more.

Shite they cried, how the hell do we pay for this, well they said, lets increase taxes on all, because borrowing rates are so low that people can spread their costs out with a loan or two or three…

They decided that it was a great idea to tax the pension pots – in so doing destroy them over night.

They increased all council taxes (something that they opposed) and basically left people in the proverbial.

They sold off all their gold reserves leaving them with nothing and after several years one of their friends left a note on the desk saying that they had run out of money, lol.

Then the Cheshire cat though one day that it was all going so terribly wrong, that he decided to up and leave, I know he said, lets pass it to my boring buddy next door, he’s so desperate to take control that he cant see the light at the end of the tunnel.

Well how did the story end I ask

Well in a short space of time, they created a system that gave all to those who did little other than to guarantee their vote.

Opened our borders allowing people to claim whatever they like

Increased taxes to the extent that people went into debt to survive and this is where the debt mountain / time bomb was created

Petrol prices went thru the roof

New government came in blinded by the desperation to run the country that they forgot what mess we were in and irrespective of what they do or did guarantee that they will never run the country again after the election for a number of years.

So Why oh why do our people vote for these political parties, when all they do is moan about each other, score points and think nothing about how the hell do we get out the mess were in.

Read a book called ‘the creature from Jeckyll island’ basically debt and inflation are created to allow those in wealth to become wealthier – so you could say that these situations are a manifestation of lies especially when central banks can create money as and when it needs.

The moral of this story, well its simple, why waste your vote on people who are career politicians, have never done a days work in their lives and don’t understand real life.
Yes we have wealthy people, unfortunately you and I need such people as they do create jobs and wealth for the country, but as for politicians you need sensible ordinary people to run the country, but this will never happen because the ordinary person needs to have the backing of the people to get to that position BUT also to get into that position you must remember that this and all countries are and have to be multicultural to survive – Once people understand this, then we are on the right tracks to prosperity.

Only one word to discribe the problems of the world........................GREAD....

Some of the properties in London that I`ve seen need to drop by 75% looking at the state they were in!
Cant understand why people pay so much for them they are very over rated compared the the lovely leafy suburbs.

My my such a shame, a 50% drop in premium London propetry price. They were vastly inflated in the first place. Lol.

Rents will fall by 50% also - yeah and the Moons made of cheese......what drugs were the writrers of this article messing with?

What a load of tosh. London is a World City, unlike Berlin or Paris. London's only competitors as world cities are New York and the California Basin. It has the advantage of the planet's universal language. Students from around the world come to London.

So.. prices will fall, or maybe they will go up. Maybe London will attract more investors and maybe the investors will favour other cities. Thank goodness we have experts on hand to show us the way things are going to go. Tell you what.. when someone has a clue, and these so called experts have something informed to say, then i might be more interested.

Ive seen old papers with houses selling at £17000 if you think property prices or any other needed commodity is going to get cheaper think again............ geeez, if they said petrol is going back to £1 a gallon ( 5 litres to the gallon) some people would drive on the fuel light waiting.
Nothing gets cheaper!