I just got back from London yesterday after 12 days of travelling. Made a dash to Krakَw and Warsaw, Poland in between hectic days of meetings in London. London was its usual busy metropolis whereas Krakَw and Warsaw are two lovely cities that are very livable and relatively modern by European standards.
After eight years of spectacular growth since 2009, the London property market stalled last year and started its decline, with the high-end segment being the most affected. With Brexit still undecided, foreign buyers have been staying away unless big discounts are given, which will translate into a higher rental yield. Rental yields have been falling since 2010 as the growth in rental rates has been outstripped by a higher growth in capital value gains.
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