

Prime London home prices (Mayfair, Kensington, Belgravia, Chelsea) are now down 20% from their pre-Brexit peaks. Theresa May’s general election gamble and the surprising success of the Labour Party under Jeremy Corbyn has negatively impacted foreign investor...
London property faces a bear market in 2018

Premium income or discounted ‘growth’?
In the last few weeks central bank watchers claim to have detected a new mood emerging from this summer’s gathering of the clan. A desire to follow the Fed down a path which leads to ‘normalisation’ of interest rates and the unwinding of QE in an informal ‘Sintra...
Premium income or discounted ‘growth’?

Europe faces macro storm clouds this autumn
European equities were the classic ‘pain trade’ of 2017, the bull market’s wall of worry was scalable, even a slam dunk. Geert Wilders and Marine Le Pen were defeated in the Dutch and French election, reducing political risk in Europe. Greece got its...
Europe faces macro storm clouds this autumn

Housebuilders’ share prices have broken new ground
The Peak District became the UK’s first national park on 17 April 1951; albeit the National Trust owns a 12% minority. Geographically, it forms the southern end of the Pennines and much of the area is uplands above 300 metres (984 feet) with a high point on Kinder...
Housebuilders’ share prices have broken new ground

The UK housing market in the interwar years: what can we learn?
Housing, an essential human need, forms a key sector of the economy. It forms a crucial component of investment and in many countries, makes up a large component of overall wealth. Taking the case of the United States, Zhu (2014) noted that real estate accounts for a...
The UK housing market in the interwar years: what can we learn?