London is made up of 32 boroughs, some of which are host to some of the most expensive properties in the world, which reside next to social housing, owned by the state and rented at around a third of the cost on the open market. London is often included in the overall UK and country statistics, which disguises what’s really happening in the market. As a capital city, it should be compared to other capital cities across the world rather than other areas in the country due to the level of international investment it attracts and the higher rates of renting versus home ownership. Read more here.
