The train crash waiting to happen in new-build property

29 January 2015

Money Week 

New-build property in London – Locals aren’t buying, ‘unsophisticated’ foreigners are. I read a stat in the FT yesterday that absolutely blew my mind. There are now 54,000 homes planned or under construction ‘in the priciest areas of the capital.’ Most will cost ‘close to or above the £1m mark’ and most are two-bed flats. 

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