London Renters Win in Billionaire Backyard as Prices Soar

College student Phil Morris and his three roommates split a monthly rent of 2,600 pounds ($4,400) for a four-bedroom row house in London’s Fulham district. A new homebuyer would pay about three times that much for a mortgage on a similar property in their postcode. “We were surprised that we coul…

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London Renters Win in Billionaire Backyard as Prices Soar