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Read More »London home values may fall by over 30pc, opines SocGen
Bloomberg London’s seven-year housing boom may be about to end after the UK voted to leave the European Union. “While in recent stress tests, the major UK banks were assessed with declines of around 30 percent in commercial real estate prices, we fear that London residential could experience an even more severe downturn,†Societe Generale analysts including Marc Mozzi …
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