London Homes Still Cost 12 Times Earnings Despite Fall in Prices

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Properties in London saw the biggest improvement in affordability in England over the last five years but still remain eye-wateringly expensive compared to earnings.

Raptors return on investment is the real dealMLS Cup the winning goal in record-breaking season for soccer in North AmericaNorth America’s oldest sport catches momentum in new professional localesCanadian Football League fanatics fuel financialsCanada’s Davis Cup team finding love --

Kensington and Chelsea in West London was the least affordable area, with the median price paid for a home over 34 times average annual earnings, followed by Westminster and the Richmond upon Thames. The data was based on earnings of people working in the area rather than those of residents. Nonetheless, London helped to drive another improvement in housing affordability in England, continuing to reverse the pandemic surge in house prices.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 83. in İT

Italia Ultime Notizie, Italia Notizie