A surprising result from a pan-European survey on happiness.
The average price for a home in London is now £459,000, or $773,000.
For a first-time buyer, the average home now costs eight times gross earnings, the highest ratio since at least 1983.
The city appeals to wealthy foreigners seeking a "safe haven."
Unless that city is New York.
Hint: Not America.
What happens when a no-frills airline adds a couple frills?