In Robyn Hall's Mortgage Introducer's article about house prices, Oliver Atkinson, director of online estate agents urban.co.uk, said:
Forget talk of house price bubbles. In London, the market is well beyond that. What we’re witnessing in the capital is a superbubble. Buying in London is surely now a high stakes game.Will the superbubble go pop? The extreme lack of supply in the capital will protect prices to an extent but anyone buying at current levels has to go in with eyes wide open.”
Oliver Atkinson in Mortgage Introducer
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