Isn't London housing driven largely by foreign investment? As in, wealthy people from across the world who are parking capital there because it's safe, not because they care particularly about returns.
If brexit didn't end this, then it's probably a pretty stable system. It sucks for locals, but there are far worse places to over extend yourself on housing than in London.
If brexit didn't end this, then it's probably a pretty stable system. It sucks for locals, but there are far worse places to over extend yourself on housing than in London.