Prices remain close to their all-time high at an average of £508,000, about 13 times median earnings, while rents have surged by close to 20 per cent over the past two years. Latest statistics show there were 61,810 London families in temporary accommodation last year, up from 59,830 in March 2021, just before the last mayoral election. Housing is in desperately short supply.
London mayoral election: What has Sadiq Khan done to tackle housing crisis?
