Have London house prices really become more affordable?

London house prices have dipped in the last year, and this, coupled with strong earnings growth, has meant that it has become somewhat more affordable to buy a home in capital. The capital has seen the biggest improvement in affordability across the UK in the last year with the house price to income ratio dropping from 14.5, according to research by Yopa. Subscribe to The Standard: https://www.standard.co.uk/register for latest breaking news from the UK, US and around the world, plus podcasts and features. Evening Standard on socials: Check out our full video catalog: youtube.com/channel/UC7RQon_YwCnp_LbPtEwW65w?sub_confirmation=1 Videos, daily editorial and more: https://www.standard.co.uk/ Like us on Facebook: facebook.com/TheLondonStandard Follow us on Twitter: x.com/theLDNstandard and Instagram: instagram.com/thelondonstandard