65 London Property Has Become A New Global Reserve Currency
London house prices rose 7.1% from a year earlier in August, significantly higher than the 1.3% year-over-year rise in prices across the rest of England and Wales. In a weekend New York Times opinion piece, London-based journalist Michael Goldfarb describes a trend of neighbors relocating from London to other metropolitan areas in Great Britain due to soaring housing prices. “This is what happens when property in your city becomes a […]