价格跌落的主导因素是1+ m 的房子，这些才不是一般老百姓考虑范围内的
如果去掉这些房子，专门看伦敦及周围的200k-600k的，走势肯定不一样，因为这些才是市场长期刚需
The bubble is starting to burst. The ripple effect will move down eventually. When it comes, the speed will be very fast. Most people will not have time to get out.
Look 2008, history may repeat itself.
The downfall in 2008 was mainly caused by a global financial crisis followed by a global recession.
Unless the Euro is clasping in a few years’ time, which is the last thing the EU wish to see and the first thing they come to rescue should anything happen, I personally doubt another similar crisis and recession would come.
Again, the top range properties got the most to lose as they were the most inflated in the very first place, which normal people just dont give a monkey’s.
Right now most of the main concerns posted are from the top estate sector and related lobbying groups who simply want the government to abolish the top tier stamp duties so that they can carry on making profit from blowing up more bubbles.