The market was real insane there for a bit. Absolutely there were flats going for that much on the nicer streets in Govanhill. Go even a 10 minute walk over to Mount Florida (nice but not astounding) and things were going for 300+. Battlefield and Landside even higher than that. For flats. It got really out of hand and people are over leveraged now and could very quickly become underwater. There is a major correction coming. Especially if the Tory leadership plods on with their plans which seem designed with the express intention of exacerbating the inflation crisis. The IMF is not taking the near unheard of step of criticising Britain's internal finances for fun. There is the potential for absolute ruin on the horizon. I know that people don't like gloom and doom but we would do well to plan for the worst and hope for the best. |