This is an excellent article evaluating the collapse of city centre apartments.
It strikes me as a very fair assessment of the current situation in city centre apartment analysis.
As we have warned landlords all along, city centre apartments did not make sense as an investment opportunity. Firstly because traditional rental yields were way too low and secondly because supply was out-stripping demand.
We have real sympathy here at Property Hawk for poor landlords and investors who have fallen into this investment scam ( see more in Spectator article. )
Darling Margo
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