I work in the wonderful industry of financial services and shzl400 hit the nail on the head; the problem is people buying things to make money in the short term, not to live in for an extended number of years. Couples make no allowance for wanting to start a family, no thought is given to not receiving the current wage / bonus, ignorance about interest rates ever going up if professed. Because IF THE PRICE GOES UP 20% IN THE NEXT YEAR WE'LL MAKE ?X,OOO!!!!

These things are cyclical, it has been many years since a proper slump and when it comes the people last in will feel the heat the worst. And as each year goes by, the chance of a downturn gets larger, so I do understand the grumps on here. Things are crazy, though I do think FH is relatively well placed. It offers better value than most areas of London, and London as a whole always attracts new people wanting to 'get on the ladder'.