Re: Ostriches maybe?

#73301

Paul
Participant

đŸ˜‰

I think there maybe a number of people in the more affluent areas like London, Surrey and SE in general who are expecting the market to continue to rise even strongly, heads in the sand who don’t or won’t remember previous crashes which can happen suddenly despite the same chestnut being often mentioned of ‘too many people chasing too few properties’.

Many though (wise maybe) are selling now thinking the market has topped.

There is definite evidence of some of the provinces slowing down quickly including Wales and parts of SW etc.

The market is not made up of £1mill plus properties in the home counties as some seem to think, they are not immune to crashes either.