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11/12/2015

Lights out in London?

Words: Simon Wicks
London

London is becoming a city unaffordable to all but the few, and then many of their investment properties are left with the ‘lights out’. Simon Wicks looks at efforts to bring more affordable housing to Londoners

According to the Greater London Authority, the average house price in the capital in 2015 was 11.04 times the average salary.

What UBS Bank described in a November report as this “decoupling” of house prices and incom.....Sign Up or Login to read full article

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