Global Construction Costs Compared: London prices ‘beginning to threaten the viability’ of projects

London has emerged as the third most expensive place in the world in which to build, according to a fascinating study of international construction costs.

Knight Frank's Global House Price Index increased by 2.7% in the year to September 2015, as five of the 55 tracked countries posted double-digit growth and the pace of China's decline slowed.

A new report into the buying, holding and selling costs for foreign buyers of prime resi in fifteen of the world's top cities has picked out Monaco as the one offering the lowest taxation, and Shanghai…