Owning your own home

Now, surely? My opinion is that when interest rates finally begin to revert to 'normal' levels, you will see a cooling off of price rises.

this assumes all the buyers are borrowing on £ normal terms,

given level of foreigners buying don't think this is the case, in Camden seems £ per sq m dependent on whether property appeals to foreign investor or not, anything off-plan is marketed and sold abroad as often sounds nice and any negatives on immediate vicinity are overlooked.

London market is driven by wealthy international population with a trickle down effect pushing up prices for rest of us needing somewhere to live, even 20 years ago 40% of purchases in posh areas (SW3, SW7 etc) were foreigners and that was before the Russians, Chinese, and the flight to safety out of the euro zone,