Just a few years ago, people were queuing overnight in London to buy new studio flats.
Today, the picture looks very different. Property data suggests flats are taking longer to sell, while Zoopla says the gap between the value of a flat and a house is now the widest it has been in 30 years.
So why are some flats struggling to sell at a time when London is facing a housing crisis?
We look at the pressures facing the market, from higher borrowing costs and changing lifestyles to service charges, leasehold issues and concerns about the condition of some buildings.
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