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I work for a hedge fund and make £450k per year - AMA watch


    22 and 450k? That's ******** unless you went to university at 15 lol

    1 gem tho' ?

    (Original post by Fruli)
    Haha, just indulging some fruli curiosity.

    Also genuinely interested in views on where our property market is heading so analyst perspectives valuable. What he said seems to tally with a lot of what I've heard and read.
    I genuinely think that London property prices will stagnate compared with other big cities. When HS2 comes in and you can commute to London from Brum, nobody will pay £1 million to live in something smaller than my driveway.

    (Original post by Fruli)
    My other question is, do you think the China economy might collapse in the near future? When I say the near future, I'm talking 2-5 years time. Because if it were to collapse, it would have a knock-on effect on our property market. A friend from mainland China suggested that China is on a timebomb, but this was a couple of years ago when we had this conversation. She's snapped up a couple of million pound properties in SW London, courtesy of her parents who are based in China. She's one of many examples of my peers who have been able to do this sort of thing.

    I also imagine a chunk of the property developers and investors in London/UK are attached to Chinese money.
    Collapse is a strong word and I think a lot of journalists who call themselves '''''analysts''''' use the term far too freely. Apparently the Chinese market crashed during 2015/16 but actually the physical economy is fine and growth has resumed. Sure there will be bubbles and corrections, but that doesn't mean that the Chinese economy is fundamentally flawed and just waiting for something to tip it over the edge.
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