Keen board game-players among you may be aware that today is National Monopoly Day. No? Well, it is. And to celebrate, we're taking another look at how depressing London's current property prices are in relation to the good old days of 1935 when the first Monopoly game was released.
house sharing just got alot easier & safer and weroom.com
Houseshare website Weroom looked at the average rent costs in London to see how far a wad of Monopoly cash would get you in today's property market. Spoiler alert: the days of getting a Park Lane property for £350 are long gone.
These days, £350 would secure you a whole 11 days in a Park Lane property, with the average monthly cost at £953. But it could be worse, Whitechapel was a bargain back in the day at £60 but based on the current average of £950pcm, that would only get you 45 hours and 36 minutes, which is just about enough time to unpack and then pack everything up again. Happy Monopoly day, guys!
Further Reading
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Government launches National Infrastructure Commission to get Britain building
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Mortgage advances pick up in the third quarter says CML
Property shortages keep driving up house prices, say experts
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TfL releases land for 10,000 homes across the Capital
Osborne says tougher buy-to-let regulation on its way
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House Prices will continue to rise & construction of more not the answer
Taylor Wimpey CEO Peter Redfern will lead Labour Housing Redfern Review
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Sadiq Khan Housing Crisis Update Fair rental prices
How low can you go ? speech by Andy Haldane BoE Chief Economist
London’s housing crisis > Blue and Red debates @ London Mayor Question Time
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Bank of England concerns over Property buy-to-let boom
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The European Union, monetary and financial stability, and the Bank of England - speech by Mark Carney
Zac Goldsmith: housing crisis number one priority in London – what needs to be done
TfL could help fix London’s housing Crisis as well as our trains
A question from Matthew > PMQs Jeremy Corbyn MP vs The Prime Minister David Cameron
Labour conference: Sadiq Khan >"I'm going to make the election a referendum on London's housing crisis"
Newly Elected Labour Candidate, for Mayor of London, Sadiq Khan, outlines his Housing Policies
What Jeremy Corbyn's leadership victory may mean for housing policy in the UK
Marie's Question >Jeremy Corbyn The New Labour Leader takes his seat in the Houses of Parliament
Building Markets for the Good of People > BoE Open Forum
Government ministers and housing association leaders have negotiated a deal to extend the right-to-buy policy
Historic Housing and Planning Bill will transform generation rent into generation buy
How low can you go ? speech by Andy Haldane BoE Chief Economist
Three Truths about Finance - Governor of BoE - Mark Carney
Mortgage Lenders and Administrators statistics Bank of England Sept 2015
Osborne says tougher buy-to-let regulation on its way
House Prices will continue to rise & construction of more not the answer
Right To Buy Homes Urgent Parliament questions with Brandon Lewis UK housing Minster
Borrowing figures in the mortgage market remain strong as customers take advantage of record low interest rates
property eCommerce is booming !
Residential sales Move up despite lack of property Stock
Government ministers and housing association leaders have negotiated a deal to extend the right-to-buy policy
Thanks for sharing this kind of information. Check property listing uk.
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