Impact of inflation in London's housing market

Meeting: 
MQT on 2014-11-19
Session date: 
November 19, 2014
Reference: 
2014/4264
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

What has been the impact on Londoners of the recent high rate of inflation in the London housing market?

Answer

Answer for Impact of inflation in London's housing market

Answer for Impact of inflation in London's housing market

Answered By: 
The Mayor

It is not possible to encapsulate in a single 'impact' the many effects of housing market inflation, since the impacts on individual Londoners depend on their particular tenure, life stage and financial circumstances.