London’s sky-high home rents finally growing slower than wages
Tom Rees
London’s home rental crisis showed early signs of easing after a surge in available properties led to the joint-smallest increase in advertised rents across Britain.
The online property portal Rightmove said rents in the capital rose 4 per cent from a year ago in May. The average remained at the eye-watering level of £2652 ($5042) a month.
Bloomberg
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