There's a disconnect betwee London and the rest of the country
(NEWSER) - Much like the US, Britain is seeing home prices plummet—well, except in London, that is. There, prices are soaring, thanks largely to foreign buyers. How bad is it? So bad that the average price of a home in the country as a whole has now fallen to around $260,878, Ian Cowie of the Telegraph reports, while primo parking spots in London can demand more than $320,000. More»