London’s Sky-High Home Rents Finally Growing Slower Than Wages

(Bloomberg) — 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% from a year ago in May. The average remained at eye-watering level of £2,652 ($3,355) a … Read more