What the London Mayor knows about housing

(page left blank deliberately )

boris-johnson-pic2

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

4 Responses to What the London Mayor knows about housing

  1. We agree that property in London has risen dramatically. When properties in West London were being sold for £400 in the 1920s, a return bus fare to Liverpool Street was 3.5p.
    Today, those same properties are worth about £400,000, while a return cash Tube fare is £9.40. Transport fares have risen 26757% (give or take the odd percentage point), while property prices have jumped 99900%.
    The reason for this is while transport provision has kept pace with demand, the supply of property in London far outstrips demand.

  2. Pingback: No direction home

  3. Pingback: No direction home* | Red Brick

  4. I fear you my be giving the Mayor too much credit.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s