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And don't miss Elaine He on the sources of London's housing price problem: "Homes in England cost eight times workers’ wages; 13 times in London; and 30 times in the capital's poshest neighborhood, according to the Office for National Statistics. Years of low interest rates have fueled a boom, but ultimately, the problem comes down to supply and demand. For decades, the dwelling stock available hasn't kept up with population growth."
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