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Old 18-02-2016, 06:20 PM #1
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Default One in four London homes set to cost more than £1M by 2030

Nearly a quarter of all homes in London are set to exceed £1m in value by 2030, making the capital so unaffordable that inheritance will provide the only way to ownership.

A little more than 300,000 homes in the capital were worth more than £1m in 2015, but research from the London School of Economics and Santander predicts this figure will more than treble by the end of the next decade.

http://www.ft.com/cms/s/0/561a2c28-d...#axzz40Y5Clkuk
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