Two years on from the start of the pandemic, the property market has proved far more resilient than anyone could have imagined — or any expert forecast. The latest data from Halifax shows that London prices were £41,000 higher in March 2022 than two years ago.
There was a time when surging house prices were seen as a cause for celebration. But the capital is no longer a city where owner-occupiers are in the majority. Most of us now rent and will regard the remorseless increase in property values with dismay as the bottom rung of the ladder rises ever further out of reach.
