Property News · November 27, 2014

London house prices rise more than a solicitor earns in a year


In some boroughs house prices went up by more than the prime minister was paid in the year 2013-14The recent boom in house prices means that in two thirds of London boroughs properties effectively “earned” more than the average nurse’s salary in the 2013-14 financial year, according to figures from the National Housing Federation.In 20 of the capital’s 33 boroughs average prices rose by more than £35,316 between April 2013 and April 2014, according to Land Registry data, the equivalent of the average London nurse’s salary according to the latest official data. Continue reading…

Source : theguardian.com
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