House Prices Crash Across London’s Wealthiest Neighborhoods
NegativeFinancial Markets

- House prices in Kensington and Chelsea have fallen by almost £160,000 ($210,000) in the year leading up to September, as the London housing market reacts to expected tax hikes from the Labour government budget.
- This significant drop in property values indicates a potential shift in the market dynamics, raising concerns about the affordability and attractiveness of these affluent neighborhoods amidst changing fiscal policies.
— via World Pulse Now AI Editorial System

