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Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income. By 2012–13, the median income in London had increased to £24,600 and the median London house price had increased to £300,000, 12.2 times median income [8]
It may take possession of the land not less than 14 days after serving the Notice of Entry. The Notice to Treat requires the land's owner to respond, and is usually the trigger for the land's owner to submit a claim for its value. If no claim is submitted within 21 days of the Notice to Treat, the acquirer can refer the matter to the Lands ...
[3] [4] However, the cost of housing as a proportion of income is higher than average among EU countries, [3] and the increasing cost of housing in the UK may constitute a housing crisis for many especially in London, [5] [6] [7] — the rate of over fivefold house price increases far exceeding the inflation rate of just little above twofold ...
Domestic real estate represented the largest non-financial asset in the UK, with a net worth of £5.1trillion (2014). [3] Foreign investment plays a substantial role in the UK's real estate market, particularly in London, and foreign companies and individuals invested around £20billion in UK real estate in 2012. [4] [needs update]
By 2013, some tenants who had purchased their council flats, sold them later to speculators, investors or property companies. By 2013, a one-bedroom council flat that sold for £50,000 in the early 1990s, for example, had a market price of £250,000. [9] A tight housing market led to increased rent as construction of new homes decreased. [9]
Delaware: fifty acres of land (twelve under cultivation) or £40 of personal property; Georgia: fifty acres of land; Maryland: fifty acres of land and £40 personal property; Massachusetts Bay: an estate worth 40 shillings annually or £40 of personal property; New Hampshire: £50 of personal property; New Jersey: one-hundred acres of land, or ...