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London, United Kingdom

London has a long and fascinating history as Britain's capital city. Over the last 20 years, London has experienced a period of considerable, if very uneven, prosperity, largely as a result of its dominance in financial and business services and the large number of highly paid jobs this has generated. This has had major implications for house prices and housing affordability. The impact of the 2008 financial crisis is as yet unknown. This entry begins with a historical overview and then looks at issues directly related to housing.

Historical Background

Beginning as the Roman origins Londinium, London grew through its Norman and medieval periods up until the Great Fire of London in 1666, which destroyed much of the original city of half-timbered buildings. Subsequently, it grew and ...

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