Is the Property Boom over?

This was the original point I was suggesting in the thread I made about Labour, which is that I anticipate that the high end London properties could struggle. 

I haven't added hardly anything in the London residential property sector to my portfolio recently, and won't do so until after the election. I'm cautious in general at this point about residential property , even though I think the effects would largely be confined to the south east. Naturally this is a personal choice, and what I say should not be construed as advice.

Ultimately it's hard to know what will happen even in the event of Labour though - the last Labour lot were more addicted to the tax revenues themselves than punishing the rich (which in any cases reduces tax revenues) , so if EM gets in without needing the support of the extreme left, he may well water down or drop the silly property taxes. Having said that , there is a distinctively different tone coming from EM than come out of previous Labour PMs, so it's anyone's guess.

It's also worth remembering though that there's less risk in theory with loans than there is with investments that require a capital appreciation. If the LTV is high enough, the hit would mainly be with the developer.