When it comes to housing, London leads the way. For the last eight years, it was the powerhouse behind the bubble. Now, it is leading the UK down into a catastrophic housing crash. According to Rightmove, last month the average London asking price fell by 6.8 percent. Across the UK as a whole, prices fell by 3.2 percent.
It is only going to get worse. Personally, I can't wait.