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Article: A one bedroom flat in this block costs; (1)THIS IS A TALE OF TWO CITIES AND THE AMAZING DIFFERENCES IN THEIR PROPERTY PRICES (2) WHY? BECAUSE THIS BLOCK IS IN PARIS . . . . . . AND THIS BLOCK IS IN LONDON.
- Article from:
- The Evening Standard (London, England)
- Article date:
- February 13, 2001
- Author:
CopyrightCOPYRIGHT 2001 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: ANTHEA MASEY
Young teachers, nurses and doctors are being driven out of London by soaring rents and property prices. Yet, only a three-hour journey away by Eurostar, key workers in Paris can easily find their way on to the property ladder. ANTHEA MASEY reports from Paris on a great housing divide
THE one-bedroom flat being offered in the attractive eight-storey block, above, is tiny - it has just 269 square feet of space. It is also in an old working class district, albeit one that is being gentrified, and is not particularly centrally located.
But the key reason for the almost unbelievably cheap price tag of [pound]36,000 is that it is ...