There is a real danger of a house price bubble in London. Discuss Essay - 7

at that place is a real danger of a house price cardcastle in capital of the United Kingdom. Discuss - render Examplently the property prices in London have gone up way too spicy too high for investors to deliberate that there is a very high danger of a lodging price bubble within London. This essay seeks to present a case for the high level of fortune associated with housing prices in London, and it does so by backing up the case with substantial evidence. The property bubble in London is real, and investors need to exercise caution if they want to come out safe from this scenario. face at media reports makes one thing very clear the property prices in London have affected their four year low by the end of 2014. This can be linked to the very prefatorial principle of demand and supply like mentioned above. According to a survey of property agents and surveyors dealing in London based property, there a wide consensus amongst merchandise makers that property value in London is likely to follow its downward trajectory as demand for housing falls has gone down, twin with new projects being announced by builders, thus resulting in a very low chroma of transactions (Edwards, 2014).The high probability of a housing price bubble in London also emanates from the fact that many property holders in London have all of a sudden comprise their property values going up multi folds. This has made them put their property out in the market for sale and realize profits, as they move to live in county areas. Also, there is a wide believe amongst these investors that the current prices in London are far too high, and the market can crash anytime and accordingly it is best to realize profits or else than being a part of the loss themselves as the market witnesses a correction (Bracke, 2014).Besides the information mentioned above, a few other facts also prove the universe of discourse of a property bubble in London. The house price to earnings ratio computed by the far-famed mortgage lender, Halifax, shows how many times or what multiple of house prices are made up income of buyers. It is rather shocking to note that the