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It’s hard to imagine that back in 1976, an average London House price was just £14,000, just 25% more expensive than the average UK house price. Since then of course, London house prices have soared to over half a million pounds making it by far the most expensive place in the UK But, in recent years prices have fallen back. What happens next? 0:00 Intro 1:04 London Premium 1:55 London Economy 3:46 Why Prices Falling? 6:00 Falling Demand 8:05 House Price Forecasts ► Please SUBSCRIBE! https://www.youtube.com/c/economicshe... ABOUT ----------- ► https://www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including: ► Economic Short Cuts https://amzn.to/3IgxupC ► 50 Essential Economic Ideas https://amzn.to/3IgxndG ► Cracking Economics. https://www.economicshelp.org/shop/cr... ► What Would Keynes Do? Amazon https://amzn.to/2xShqq4 ► Economics Without the Boring Bits https://amzn.to/48T1hA9► Please SUBSCRIBE! https://www.youtube.com/c/economicshe... ABOUT ----------- ► https://www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including: ► Economic Short Cuts https://amzn.to/3IgxupC ► 50 Essential Economic Ideas https://amzn.to/3IgxndG ► Cracking Economics. https://www.economicshelp.org/shop/cr... ► What Would Keynes Do? Amazon https://amzn.to/2xShqq4 ► Economics Without the Boring Bits https://amzn.to/48T1hA9