London house prices fall at fastest pace since 2009: average London home has lost £26,000 in value in just two months

10 comments

1. Meaningless sub-grouping of numbers. Prices are still on the up. Here’s the chart from which that headline is derived over 18 years:

   https://www.reddit.com/r/postanimage/comments/198v03h/house_prices/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1

2. I want this to be true (as should all home owners in the UK apart from those planning on downsizing) however the area I’m looking at has if anything gone up not down.

3. Saves for 25years to buy London house.

   prices collapse 2 years after buying

   FML

4. Oh yep that brings london housing safely within buying range 🙂 

   Said nobody ever 

5. Yeh but the rents won’t go down

6. Wouldn’t hurt for the gov to start investing in actually refurbishing houses and keeping them in a decent condition rather than granting subsidies for all these big chinese firms to build more apartment buildings with minimum structural integrity.

   Haven’t let a single apartment in my price range so far where there wasn’t any mold issues.

7. Excellent

8. Basically my crypto life

9. Wow 26k that so much! /s

10. But isn’t it a bad idea to buy right now with high interest rates