Damus
Ian Forbes profile picture
Ian Forbes
@ianforbes
London flats are trending on the bird app.

In 2023 I wrote an article exploring the defects of investment property as a store of value.

I referenced a 2 bed in Old Street, EC1V. Asking price £1.4m.

Three years on, it's still listed on The Modern House.

Asking price now £985k - down ~30%. 😬

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waxwing · 1w
From what I heard that's pretty typical. As in the general market for mid to upper end flats in (central?) London has turned down heavily. Though I don't live there any more.