The Cost of Real Estate In London Is Out of Reach For Most
London’s population is close to 8.6 million people causing a huge shortage in the real estate market. This is bringing in rich foreign investors that are snatching up tons of property sending prices sky high. New home buyers are being forced to look elsewhere to buy their first homes.
This tiny apartment/home located in the London Borough of Islington is a whopping 150 sq. feet and is priced at around $422,000. Even if a young couple could afford the price, the living quarters makes it impossible to start any kind of family here.
The kitchen and living area.
The Cost of Real Estate In London Is Out of Reach For Most
The bedroom is a loft above the kitchen and living area.
The Cost of Real Estate In London Is Out of Reach For Most
Here you have a bathroom barely big enough for one person.
home located in the London Borough of Islington is a whopping 150 sq
Inside London’s Tiny $422,000 Home
