Steeply rising rents over the past year or two have focused attention on ‘affordability’ because it is central to the outlook for rental growth. Overall, declining affordability limits potential for rental growth.
In this Briefing note, we report headline trends from higher earners in London and Manchester.
In the same week as the terrible fire in Grenfell Tower, a report slipped quietly out from the Mayor’s office on the role of overseas investors in the London new build residential market[1]. The research was undertaken by the LSE, on behalf of the Mayor, to address an issue that has nagged at the London residential market for years. Given the timing of the publication, most journalists shied away from writing about it and some of those who did, chose to take a swipe at the paucity of hard data rather than to reflect on the key messages.
London Mayor, Sadiq Khan’s aim of creating a 24 hour city is one step closer with the appointment of London’s first Night Czar, Amy Lamé.
London housing is expensive; very expensive. That is hardly a shock, but it is also not really the point. Price is a one-dimensional metric. What matters is that London is…
In their seventh index of 30 global cities, PWC report that London has retained the top spot as the world’s leading City of Opportunity. The report benchmarks 30 international cities…