000			00921cam a2200193 4500
001			WB3720-14
008			000000n2001 000 0 eng u
035			_a(Sirsi) u112711
245			_aLondon house prices unsustainable
260			_c2001
490			_aFinancial Times _v19-20 May 2001, 3(1)
520			_aResearch by Cambridge Econometrics has shown that house prices in London and the south-east are not sustainable in the long term but homes in the north, Scotland and Wales are undervalued by historical standards. London's house price-to-income ratio is 4.8, suggesting that the average price would have to fall by £31,000 or average income increase by £8,000 to return to the historical average ratio.
590			_aWB
650			_aHOUSE PRICE EARNINGS RATIO
650			_aHOUSE PRICES
650			_aHOUSING MARKET
690			_aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
942			_n0
999			_c67102 _d67102