Andrew Gimson

The property bubble is waiting to burst

Andrew Gimson asks why, in the middle of a violent recession, London property is still so hideously overvalued. The real pain may be yet to come

Already a subscriber? Log in

This article is for subscribers only

Get a free bottle of Johnnie Walker Black Label when you subscribe to The Spectator for just £12 in our Black Friday sale

  • Free bottle of Johnnie Walker Black Label whisky, worth £30
  • Unlimited access to our website and app
  • Enjoy Spectator newsletters and podcasts
  • Explore our online archive, going back to 1828

Read next

Trending

Rod Liddle

I liked John Prescott enormously

There was a time we all looked forward to on the BBC Today programme, back in the early years of Tony Blair’s first term as Prime Minister. Late July, early August. Blair had scooted off to San Gimignano, Mandelson was probably on a yacht with an oligarch, even Campbell was away battling his weird inner demons somewhere.

Also in Society

Also by Andrew Gimson

Latest

Comments

Black Friday sale: Get 10 weeks for just $1

Unlimited access to the The Spectator, online and via the app

Already a subscriber? Log in