Rant - London rent prices...

[NerveAgent]

I was listening to the radio, a listener phoned in who seemed very knowledgeable on property. She said the solution to London housing was not to build many more properties in London, as it will just bring more people to the capital and the housing issue will remain. One solution is to move businesses to other cities from London, such as Birmingham, Manchester, Liverpool, Newcastle etc.

Sometimes I feel like telling my "London friends" that my mortgage is half the price of their flat share and will be paid off in < 5 years, well done on earning 10k a year more than me. Apparently there are no jobs in Manchester and it rains 26 hours a day. On a purely selfish note, its probably better if we keep this illusion.

 

[Marmot]

Sometimes I feel like telling my "London friends" that my mortgage is half the price of their flat share and will be paid off in < 5 years, well done on earning 10k a year more than me. Apparently there are no jobs in Manchester and it rains 26 hours a day. On a purely selfish note, its probably better if we keep this illusion.

I'm sorry but Manchester is incomparable to London.

 

[fish_dan]

London is a silly place

 

[Haircut]

Sometimes I feel like telling my "London friends" that my mortgage is half the price of their flat share and will be paid off in < 5 years, well done on earning 10k a year more than me. Apparently there are no jobs in Manchester and it rains 26 hours a day. On a purely selfish note, its probably better if we keep this illusion.

If you're earning £10K a year more, then I agree London isn't worth it - for some jobs the difference is much more than that though.
In fact, for some jobs they only exist in London.

I'm originally from Manchester, but to move back now would mean taking a very significant pay cut, so even with the lower property prices it just wouldn't be worth it financially.

 

[NerveAgent]

I'm sorry but Manchester is incomparable to London.

I'm well aware, I only work about 7-9 months a year so plenty of opportunity to travel around (worldwide)

 

[UberTiger]

I think this pretty much sums up the current London housing situation

 

[mid_gen]

Leaving EU and ending foreign aid budget should about cover it.

Citation needed.

 

[Tosno]

Citation needed.

Benefit of the doubt.