Wow, it's been a whole FIVE YEARS since this last happened??
Crap article, not sure what it's doing in HN?
Please elaborate why you think it's crap, or refrain from dismissive comments that contain no information.
I read it, nearly the entire thing is junk. Feel free to waste your time with it, but it's a very lazy article with an agenda, northern academics writing about a London the know little about.
There might be a house price bubble in London. Banks move out from London due to Brexit. With that high income earners such as bank employees and lawyers move or are fired. Asset prices as a result of lack of high income earners competing for them in London drop. It is no longer as attractive for foreigners to invest in London property due to it being difficult to live there without a visa/Residence permit and price drop.
Do you think people who live or work in London are those pushing up the housing market?