Still crazy after all these years

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After a year of huge price increases for London homes, you would think the market had gone crazy. Yo...

After a year of huge price increases for London homes, you would think the market had gone crazy. You haven't seen anything yet. London is just following the rest of UK real estate. Don't be surprised if the capital's fevered property market doubles in value before this boom runs out of steam. It can't have escaped many people's attention that for the last year, the prices of London properties have been rattling ahead like a freight train. London-based real-estate broker Knight Frank said in January that prime-property prices in the capital were rising at the fastest rate in 27 years. Th...

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