| Mark O’Byrne, Research Director of GoldCore.com considers the growing and unappreciated risks from Brexit to the London property market – Brexit in conjunction with severe price unaffordability, rising interest rates and global economic uncertainty is leading to sharp price falls in London home prices – London home prices have fallen five months in a row with property prices more than 7% lower in 12 months in some areas – The Economist has done research which suggests that London house prices are 50% overvalued and Dublin house prices are 25% overvalued – The Economist believes that there are many cities with properly bubbles vulnerable to sharp corrections due to rising interest rates , geopolitical uncertainty and unaffordability – Reuters poll of housing market analysts and experts predicted that London house prices will continue to fall in 2018 and 2019, with a one-in-three chance of a house price crash Subscribe to the Goldnomics Podcasts on iTunes, Soundcloud, or YouTube: https://itunes.apple.com/ie/podcast/g…
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