Property: City prices to plunge due to ‘mass exodus to the country’ says Kirstie Allsopp

Property: City prices to plunge due to ‘mass exodus to the country’ says Kirstie Allsopp

Agencies are predicting a slump in house prices.

Knight Frank, estate agent, claims there will be a seven percent fall across the UK.

It also predicted a further five percent fall in prime London locations after a 20 percent fall in 2014.

Kirstie has more to say about the property market and the effect of coronavirus upon it.

She said: “What always spurs the housing market is the three D’s and they’re all grim: death, divorce, and destitution.

Published at Wed, 13 May 2020 15:26:00 +0000