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2014-07-18

Evening Standard: "'Half want house prices to fall': exclusive poll reveals major shift in London housing market"


http://www.standard.co.uk/news/london/half-want-house-prices-to-fall-poll-reveals-major-shift-in-london-housing-market-9564811.html
Link to web site

"Half of Londoners want house prices to fall, an exclusive poll for the Standard reveals today.

"The startling find marks a historic about-turn in views on the soaring property market, say experts.

"With the cost of buying a home rocketing out of the reach of ever more Londoners, almost a third of adults in the capital want property prices to go down 'a lot”. A further 18 per cent favour them decreasing 'a little', the YouGov poll found, while just one in six people hopes prices carry on rising.

"The findings came as the Bank of England unveiled new measures to prevent an explosion of potentially dangerous mortgage debt that could stoke prices even higher."

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