Wisdom is a shelter as money is a shelter is as popular today as the phrase “safe as a house” because the real estate or property is a matter for security and certitude. Owning a home and also as an investment may be the wisest move any discerning investor might ever make.
Apart from Amsterdam, London is one of the most expensive cities in the world to construct a house, currency fluctuations, increasing demand for houses and commodity prices are the chief major causes of this condition.
In another development, house prices in London has however continued to fall according to our partners the Royal Institute of Chattered Surveyors, (RICS) the situation has persisted since late November, 2014 up to February, 2015. Based on reports on prices the nays seem to be having a field day than the ayes used to have it.
Moreover, this is not the same in places like Northern Ireland and Scotland where the direction has been upwards for investor’s, owners or the landed class and their employees.
This drop in prices cannot be too far from the shortage in the housing supply like in other places or cases in some European countries, with supply not enough being the scenario. Some say the coming election may delay sales for sellers who may wish to put their homes or property for sale. On the flip side international students, workers, small investors or star talents, London might be more affordable now, than four-to-five months ago. By and large speculations are rather more tended towards a 30% rise over the next 5 years in terms of capital value (CV) for the city of London.

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