is expensive to live in London. We all know that. I am amazed that a newspaper like the Telegraph warm, even in its blogs section, have a bullshit like that Ian Cowie wrote yesterday. It appears that house prices in London are challenging the falls in the rest of the country. A Mr Cowie seems that everything is fully justified: Gordon Gekko and any self-respecting Arab sheik wants to have some property here.
Only, of course, a lie. According to the indicator mentioned Cowie, housing prices in London were in the last quarter by 19.4% below its level three years ago. The average for the whole country is 'just' 16.8%.
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