A host of dire pronouncements both at home and abroad could spell trouble for real estate in the capital, says John Underwood
A cadre of hedge funds have shorted London-centric housebuilder Berkeley, betting that tax hikes and declining foreign interest will soon threaten the historically robust sector. Elsewhere, a new high-end equity release service is aimed at HNWs who are no longer content to watch their property appreciate. Both investors and industry insiders seem to be betraying a lack of faith in London’s property market.
Is London's property market in real trouble?