Londoners are becoming increasingly pessimistic about getting on the property ladder, with 50% saying Britain is becoming more like other places in Europe where renting is 'the norm'.
A new report by Halifax also found that 83% of potential homeowners in the capital are unwilling to sacrifice the quality of accommodation they currently live in order to save up for a deposit.
The report also found that one in five young people aged 23 to 27 still have no desire to own their own home, despite the introduction of the Government's Help to Buy scheme. The scheme has previously struggled with uptake in the capital, where the average house price is now £458,000.
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Londoners who have received new electronic gadgets for Christmas are being advised to take simple steps to protect them from thieves.
The Boxing Day sales got off to a flying start with shops reporting a surge in business during the first hour of trading.
Bus strikes are planned for Monday 29 December and Monday 5 January.