Submission: November 05, 2018
Registration: October 09, 2018
Language: English
Location: London, UK
Prizes: Please see details below
Type: Open
London is home to some of the most expensive properties in the world, making access to affordable housing almost impossible to all but the very rich. According to a report by UBS Wealth Management, London homes are the second most over-priced in the world, and closely behind Vancouver in its “bubble risk rating”. London house prices increased by 25% from 2014-2016, mainly due to foreign investment and low interest rates, making it the second-least affordable housing bubble in the world after Hong Kong.