… And the easiest way to confirm it, is to look at recent (and not so recent) home listings in Kensington and Chelsea, where we find something stunning: out of 130 pages of adverts, with 15 ads per page, nearly half of all properties, or 53 of the pages show price reductions.
… through Page 53
And it will only get much worse: there are 23 pages worth of property that has been on the market for more than a year.
The liquidation sales are coming.
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