Thursday, November 20, 2008

Scottish apartment prices head south

Here in London, Scotland seems so far away, it could almost be another country.

Unfortunately, its house price indices look very English; lots of boom and bust. Here we have Scottish flat prices. They increased three-fold in 12 years. Now they are heading south, so to speak.

Overall, prices are down 9 percent relative to the peak.


  1. O flower of Scotland
    When will we see
    Your like again
    That fought and died for
    Your wee bit hill and glen
    And stood against him
    Proud Edward's army
    And sent him homeward
    Tae think again

  2. Good news for anyone who wonders about returning to Edinburgh one day.

  3. I don't think that graph is going down far enough or fast enough.

  4. On Robert the Bruce: well, Edinburgh is an English city, of course, named for Edwin.

    But the chance that ordinary folk (i.e. not robber-bankers) will be able to live in the New Town again -

    B. in C.

  5. "Edinburgh is an English city, of course, named for Edwin": a favourite factoid but quite wrong, apparently. The British (as in, the ancestor language to Welsh) "Dyn Eiddin" translates to "Edinburgh" and also to Gaelic "Dunedin" (you can elaborate the spelling of that latter one to taste).