In this report for Mitheridge Capital Management, Oxford Economics forecast that the London economy will continue to support growth in the London housing market, assisted by favourable government policies and capital inflows into residential property.
Our forecast for London house prices is that they rise in line with average earnings, and that should mean that they outpace construction costs, which tend to grow broadly in line with consumer prices. And while there are risks associated with such forecasts, they are not confined to the London economy, nor the London housing market, both of which have strong fundamentals.
About the team
Our cities consulting team are experts in the production of local economic audits, forecasts and in benchmarking studies on cities and regions. We work with clients around the globe and across sectors to elaborate studies that are tailored to their needs to help them make informed investment decisions. The lead consultant on this project was:
Industry Outlook 2030+ | The Semiconductor Industry
Semiconductors are central to Europe’s digital and green transformation and therefore its future competitiveness. The Industry Outlook 2030+ The Semiconductor Industry examines the status quo and future development of the semiconductor industry in Europe and Germany, the most important European semiconductor location.Find Out More
The State of the Creator Economy – Assessing the economic, societal, and cultural impact of YouTube in the US in 2021
This study presents an updated assessment of YouTube’s contribution to US GDP and employment, and its broader impact on society and culture.Find Out More
European Tourism 2022 – Trends & Prospects (Q2/2022)
Destinations across Europe continue to relax travel restrictions as concerns over Covid-19 wither away, enabling the release of strong (short- and mid-haul) pent-up demand. However, skyrocketing energy prices are pushing travel costs yet higher, prompting people to travel closer to home or consider cost-saving options. It remains to be seen how households (especially lower-income earners) will make a trade-off on travel spending this summer amidst consumer price hikes and squeezed disposable incomes.Find Out More