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I certainly complain about London, all the time. It's always been expensive compared to the rest of the country, sure, but the current flat-out-insane bubble pr
by mrec 10y ago
I certainly complain about London, all the time. It's always been expensive compared to the rest of the country, sure, but the current flat-out-insane bubble prices are a comparatively recent (and deliberately induced/maintained) phenomenon.
- ljf 10y agoTotally, 17 years ago a friend of a friend bought a 1 bed flat near Stratford in London for £35k... Nice 2 bed houses in Forest Gate were £65k. They weren't super cheap for the locals, but people could buy them. Now 2 bed house are £450k plus, and people are flocking to East (far east...) London because it's 'cheap' - no one who buys there now was born there. So it has happened here too, but because the beast of London has always been pricey, then it kind of gets ignored, except by those in it and those not now quids in from the crazy prices.