However, as an observer, and as someone with a declared interest (I am a potential mid range buyer) as well as being someone who has been reading this forum for a long time, I find it interesting that the suggestion that some properties in SCD may have recently sold for below accepted market value is creating a bit of a stir, to be an interesting phenomenon in and of itself.
I think everyone accepts that 2020 has been an unusual year. And that attempts to extrapolate behaviour or trends that have manifested over the past 12 months into or across the next few years to be unwise.
However, those of us who remember 2005 to 2010 remember how officialdom attempted to keep a lid on any potential negativity as it applied to property prices more generally. Indeed, the suggestion that any stated or recorded external factor or event that could potentially impact upon prices, may be experiencing significant levels of pushback a la what we have seen in the past (and what appears to have manifested during the course of this thread over the past couple of days) is somewhat curious to say the least.
Maybe nothing. But those of us who remember will always draw comparisons with what happened 12 or so years ago.