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please tell me: who would pay 415k british pounds to live underground? (contains strong language)

For the third week (or more?) in a row I receive this fantastic offer from an estate agent: underground living for just 415k gbp in an area not far from Paddington. Should the map be not clear, the (few) windows are overlooking… the wall rising to the street level.. this is proper underground: no garden, [...]

recession: prices of houses ARE coming down in London. or not?

Updated 22/10:
More bad news or just media bullshit?
Original Post 15/10:
an example: today i have received multiple copies of an email from a very famous company building private housing. they are super slashing prices in one of their many development:
“Due to completion failures by previously contracted purchasers  we are able to offer you the chance to [...]