property investing
lalaluluxx asked:


hii =] …
a few monthes back i purchased an apartment in knightsbridge central London, thinking that i was going to make a profit out of it and that the prices would keep on increasing..
shockingly a few days back i heard that the prices are decreasing in london…
til when do u predict it’ll keep decreasing… and will it increase again?
share ur thoughts =D

Lucy

Comments

Franco on 8 December, 2009 at 6:44 pm #

Property prices in UK sky rocketed over the last 15 years and are now falling, thank God. They have quite a lot more to fall. You seem to have bought at the top, or near enough. Either take your loss and get out while the going tolerable, or wait 5-6 years for the prices to catch up again.


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