{"id":2646,"date":"2017-02-22T16:11:16","date_gmt":"2017-02-22T16:11:16","guid":{"rendered":"http:\/\/poseidon-gp.com\/property\/?p=2646"},"modified":"2017-02-22T16:11:16","modified_gmt":"2017-02-22T16:11:16","slug":"heres-why-buying-a-london-property-is-probably-one-of-the-best-investments-you-can-ever-make","status":"publish","type":"post","link":"https:\/\/poseidon-gp.com\/property\/heres-why-buying-a-london-property-is-probably-one-of-the-best-investments-you-can-ever-make\/","title":{"rendered":"Here&#8217;s why buying a London property is probably one of the best investments you can ever make"},"content":{"rendered":"<p>Buying a property in London is probably one of the best investments you can make.<\/p>\n<p>At the moment, the average property price in London is at\u00a0\u00a3484,000, according to the Office for National Statistics. The average wage hovers around \u00a330,000, so buying a property in Britain&#8217;s capital is pricey.<\/p>\n<p>However, if you look at this chart, it is probably one of the best investment decisions you can make:<\/p>\n<p><span class=\"KonaFilter image-container display-table image on-image\"><img decoding=\"async\" src=\"http:\/\/static1.uk.businessinsider.com\/image\/58a69ffc3080e626008b472a-2400\" alt=\"barclays housing1\" \/><span class=\"source-only source\">Barclays<\/span><\/span><\/p>\n<p>Even one of the most catastrophic financial events \u2014 the 2007\/2008 credit crisis \u2014 just looks like\u00a0a tiny blip in the long term chart, despite the housing market turmoil in the rest of the country. Less than\u00a0a couple of years after\u00a0that seismic event, London property prices continued to rise.<\/p>\n<p>Prices\u00a0are now around double what they were during the credit crisis.<\/p>\n<p>Britain has a housing problem \u2014 there are not enough homes to sate demand, which pushes up prices. The issue has been particularly acute in London as a densely populated city.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buying a property in London is probably one of the best investments you can make. At the moment, the average property price in London is at\u00a0\u00a3484,000, according to the Office for National Statistics. The average wage hovers around \u00a330,000, so buying a property in Britain&#8217;s capital is pricey. However, if you look at this chart, [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2646","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9PjAq-GG","_links":{"self":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/2646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/comments?post=2646"}],"version-history":[{"count":0,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/2646\/revisions"}],"wp:attachment":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/media?parent=2646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/categories?post=2646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/tags?post=2646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}