London house prices go through the roof

Rises due to low interest rates, an influx of wealthy foreigners and housing shortage.

House prices are going up so fast in London many people can no longer afford to get a foot on the ladder.

A mix of low interest rates, an influx of wealthy foreigners and a housing shortage have led to huge increases, which have exlucded many residents from ever owning their own home.

Al Jazeera’s Laurence Lee reports from the British capital.

Source: Al Jazeera

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