City or Casino?

We’ve talked before about the problems facing London’s luxury new-build market. Sales are slowing down, market values are falling, and investors are starting to pull out of schemes across the city. And if we are heading towards a major bust, the ramifications could be dire – not just in London but across the country.

But the London new-build market is notoriously complex. So much of what is known about it is anecdotal, based on clandestine conversations with developers and investors, … Read more