Marcus Ashworth and Stuart Trow

Rows of residential houses in London, U.K., on Tuesday, Dec. 14, 2021. Asking prices for homes on sale in the U.K. fell for a second month in December, indicating the property market lost momentum at the end of a strong year. Photographer: Chris Ratcliffe/Bloomberg
COMMENTARY

London apartments are cheap – for a reason

[LONDON] London property prices have fallen 15 per cent in real terms over the past decade, with apartments 22 per cent cheaper and one...