Does this all sound gloomy? Charlie Ellingworth on how the prime property landscape is being reshaped

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Property Vision's co-founder ruminates on the state of the prime property market, exploring how the capital is evolving in the post-pandemic era, and how the rural 'Covid buying spasm' has receded...

Written by

Charlie Ellingworth

Co-founder at Property Vision

Charlie Ellingworth started acquisition firm Property Vision over thirty years ago. He is on the board of the Cadogan Estate and a trustee there, as well as a director of other smaller property companies. He writes novels, plays and regular articles for the FT and other magazines.

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This is a time of maximum gloom, writes Property Vision's Charlie Ellingworth, but property markets are nuanced - and there is no one size fits all...
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Over the last thirty odd years the general direction of property of all sorts has been up, but we could be heading into a different world that may not be so benign, writes Property Vision co-founder Charlie …
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A period of 'intoxicating exuberance' at the top of the property market has given way to 'much greater sobriety when it comes to pricing,' says Savills' research chief - but this market come-down 'has…