Nationwide: London’s house prices unsustainable

27th November 2015

House prices are rising at sustainable levels across all parts of the country, except in London, according to the chief executive of Nationwide Building Society. Graham Beale said: "Nationally, house prices have been rising by 3%-4% for a number of months, and that is sustainable with wages going up by around 3%. But in London we continue to see low double-digit rises”.

The Guardian (21/11/2015)