I think it is. In 2013 house prices in London rose by 40%. In the north west and north east of England they fell by more than 21%. They also fell in other regions of England. That's a massive imbalance and makes it almost impossible for people to move. This is a symptom of deep rooted imbalances in economic development where jobs and growth are concentrated in London and the south-east. This can't be good for anybody.
I can't speak for all other countries, but Paris does not dominate in France, The Hague in the Netherlands or Rome in Italy.
Good Morning Thursday 27th May 2026
]. The possibilities are endless.

