(June 24, 2016 at 5:34 am)abaris Wrote:(June 24, 2016 at 5:32 am)Rhythm Wrote: It's -already- lost 10% of it's value, since last night.
Yeah, but it's property in one of the major hubs of the world. As long as it's paid, I would hold on to it. London won't turn into Calcutta anytime soon.
I don't think that you appreciate quite what kind of a housing bubble has been in effect in the UK since 2001, how successive governments have bankrupted the country to prop it up and quite how overpriced it is in London.
This time it really was different. The bubble has been the biggest in history.