Wednesday, Oct 25, 2006

London house prices will continue to outpace London salaries News: London house price 'timebomb' warning

Londons average housing price is set to soar by 34% over the next five years, reaching 400,000 by 2011, according to figures released today by the London Housing Federation.

As a result, the federation warns, London is sitting on of a housing timebomb with the gulf between house prices and salaries growing wider than ever.

Posted by tinecu @ 03:47 PM (476 views)
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