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A comment on LinkedIn shares drop 40%, erasing $10B of company's value. Parent comment

Re:LinkedIn shares drop 40%, erasing $10B of company's value by dageshi on Friday February 05, 2016 @05:57PM (#11045312)
In terms of property, I wonder how much is being sold to foreign investors. This article came up recently about London

http://www.constructionenquirer.com/2016/02/04/opinion-is-th...

I give it more credence than the usual "property market correction incoming" because certain fundamentals have actually changed, oil is dirt cheap, China as you say is volatile having blown multiple bubbles and now dealing with the consequences.

Perhaps those who previously bought for investment purposes may need to liquidate?

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by caoilte on Friday February 05, 2016 @06:15PM (#11045420)
Hard to know, because High end London property is pretty weird. It's basically a piggy bank, a tax dodge, a money laundering vehicle and a fashion accoutrement all tied up in one dirt cheap currency.
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Re:LinkedIn shares drop 40%, erasing $10B of company's value by ramykhuffash on Friday February 05, 2016 @11:31PM (#11046559)
London is a weird spot for property. I see it as more inline with the gold market. A "safe" investment for people who need to invest. That makes your last point more likely if anything I'm saying is true, but what happens when in London is unlikely to reflect the properly market in general, which is based somehat on fundamentals.
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