Apartment prices in London are actually falling #economy #uk

A glimmer of hope for young professionals trying to get a foot on the property ladder in London. Apartments are at their most affordable level in 12 years for your typical worker. While properties in the capital are still extremely expensive, taking that first step into home ownership is now a little less daunting.Apartment prices have fallen below nine times the annual earnings of the typical London worker for the first time in 12 years. That means in real terms, London flat prices are 22% cheaper than the ...