Future of London Property Market - House Prices in London - Real Estate Trends Futurist Keynote
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Future property prices in London and other major cities. Impact of global economic and political events on future London house prices, and future UK house prices. Property developers and real estate investment trends. Futurist keynote speaker, Patrick Dixon - author 15 books on global trends and Chairman of Global Change Ltd - is an international inspirational lecturer, and expert, on leadership, management, supply chain, innovation, trends analysis and business strategy. He has been ranked one of the 20 most influential business thinkers alive today (Thinkers 50). For more articles and videos please visit: http://www.globalchange.com Subscribe to Patrick's YouTube Channel: http://www.youtube.com/subscription_center?add_user=pjvdixon Google+ https://plus.google.com/PatrickDixonFuturist LinkedIn: http://uk.linkedin.com/in/patrickdixon Twitter: https://twitter.com/patrickdixon Facebook: https://www.facebook.com/drpatrickdixon
Comments
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Idiotic
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you might want to re-edit this video. top end is now coming down and coming down fast!
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....and then there will be riots.
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For many wealthy individuals around the globe, the price of residential property is not a significant financial expenditure. However, for the overwhelming majority of people whose income only barely covers the costs of living, rising property (i.e., land) prices cause a replacement of such properties as shelter by a speculative investment. Properties are acquired by the modestly well off in the expectation (or hope) that the even wealthier will continue to acquire properties in highly desirable locations with much consideration for any increase in the price demanded.
This process benefits a small minority while putting a huge amount of stress on sustainable economic growth. At some point the cost of land to the general population and businesses becomes too great to absorb. Households find they cannot save to meet minimum bank down payment requirements or carry the monthly payments of a mortgage loan given the higher and higher loan amount needed. Businesses facing rising costs for building space see profit margins decline and must decide to relocate to a less costly location, replace workers with technology, or worse. The region or nation is then in the midst of a credit-fueled, speculation driven recessionary downturn. -
Future house prices in London? Short video comment on future of housing market in London, future real estate trends.
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