In the last quarter - Q3-Q4 2007 property prices in the City of London crashed 17.5%.
This is not isolated with 10%+ drops in the City of Westminster, Merton, and Lambeth.
An interesting year is ahead of all financially - these 3 month drops are apparently phenomenal.
'They' say that property prices follow from the City and radiate.
Tuesday, February 12, 2008
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