Hi, I’m Gus Zogolovitch, and I’m the founder of Rare Space. There’s been a lot of talk about house prices going up and down, so what is the current state of the market?
What I’m telling people, and what I believe, is that house prices in London have come down quite a lot, actually. I think they’re nearing the bottom. So maybe the wider question is whether or not you would buy a place now if you had the resources to. Or should you wait?
What I say to people who ask me those questions – because I get those questions a lot – is that it depends.