“More than 300,000 British homes are worth over £1 million pounds ($1.5 million), up 32 percent on last year, according to a property ‘rich list’ out on Friday. Furthermore, the number of streets where the average property value is over £1 million jumped to 8,230. Unsurprisingly to those familiar with England’s expensive capital, London was home to all 20 of the country’s most expensive streets. Despite the U.K.’s anemic economy, property prices have continued to rise, fueled by easy monetary policy, housing shortages, and government schemes to make home-buying more affordable.”
http://www.cnbc.com/id/100848258
Related posts:
Bitcoin Believers See a Role for Wall Street
Halifax and Lloyds customers unable to use cash machines or pay at checkouts after 'systems failure'...
ICE mass arrests target Polish doctor after 40 years in the US
India Wants To Kick Out A US Diplomat From Delhi In Retaliation
US calls Assange 'enemy of state'
U.S. bans Americans from traveling to North Korea
Maduro: Trump's 'imperialist hand' is behind Venezuelan revolution
OKC hospital posting surgery prices online, creating bidding war
Spanish "Robin Hood" Mayor Loots Supermarkets, Banks
U.S. criticizes ‘unnecessary’ EU rules on genetically modified crops
UN orders its inspectors out of Syria over fears of U.S. air strike
Treasury Secretary Sends Warning on Debt Limit
Egypt protests galvanized by video of police beating naked man
Brussels fights US data privacy push
U.S. officials arrest Swiss banker on vacation