ABSTRACT
London and its economy are shaped by a complex mix of forces. Global influences, such as the state of financial markets, determine employment and office investment, house prices at the expensive end of the market and immigration by foreign professionals. The capacity of the roads and, railways radiating from the capital, and the availability of houses along their routes, help to decide how many households move out and commute back or quit the capital altogether. The supply of homes, and the quality of what is on the market within London, help to determine how many households opt for city living.
