BREXIT To Contribute To London Property Bubble Bursting

September 13, 2018

– Brexit in conjunction with severe price unaffordability, rising interest rates and global economic uncertainty is leading to sharp price falls in London home prices

– London home prices have fallen five months in a row with property prices more than 7% lower in 12 months in some areas

–  The Economist has done research which suggests that London house prices are 50% overvalued and Dublin house prices are 25% overvalued

– The Economist believes that there are many cities with property bubbles vulnerable to sharp corrections due to rising interest rates and geopolitical uncertainty and  unaffordability

– Reuters poll of housing market analysts and experts predicted that London house prices will continue to fall in 2018 and 2019, with a one-in-three chance of a house price crash

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

US silver mining began on a large scale with the discovery of the Comstock Lode in Nevada in 1858.