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Old 03-20-2007, 07:58 PM   #8 (permalink)
450SEL6.9
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Re: Global Urban Property Boom -- Is it out of control?

Why do property companies keep talking out of their arse like that? Do they think that property prices can only going up?

3.7 million pounds is still a huge price for London. Only properties in Belgravia, Mayfair, Kensington, etc. can fetch that average price. Reading that article, I get the impression that 3.7 million quid is the price for a distinctly 'average' London property. It's not!
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