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8th April 2016
Fifty-six per cent of those polled by ComRes have said housing is now one of the most important challenges facing London. The survey also indicated the average price considered affordable, for buying a two-bedroom house in London, is £208,000, with the average price considered affordable for renting £646 per month. BBC News notes that figures from the Valuation Office Agency show the median monthly rent in London was £1,400 in the year 2014/15.