Although London’s property market was the least developed during the pandemic, it is still the most valuable. Despite being small studios and large mansions, London’s residential market is worth more than the other 10 cities.
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Michael Bruce, Boomin’s founder, and chief executive officer, stated that London’s status as the UK’s most important city is unlikely to change. “The capital’s property market is so large and valuable that it would be quite extraordinary to take them down. “While much has been said about the exodus of urban homebuyers to greener pastures, our major cities still act as the cornerstones of the property market. Their size and value will only grow as our population grows and the next generation of homebuyers enters.
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