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Why is London’s property market slumping?

Why is London’s property market slumping?

London Property Digest, by Longrad

March 1, 20265m 10s

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Show Notes

London's property market is facing a reality check. A higher proportion of homes in the capital were sold at a loss last year than in any other region in England and Wales. Owners of flats have reported losses of up to 34%, with hundreds of thousands of pounds wiped from the value of their properties. What's behind this downturn, and is there a light at the end of the tunnel?