Yeah, I've lived in London for two years now and I'm planning to move to Birmingham with the end of my current lease. ~£600-700/mo for a nice 1 bedroom flat: h

Yeah, I've lived in London for two years now and I'm planning to move to Birmingham with the end of my current lease. ~£600-700/mo for a nice 1 bedroom flat: http://www.rightmove.co.uk/property-to-rent/find.html?searchType=RENT&locationIdentifier=REGION%5E94028&insId=1&radius=0.0&minPrice=&maxPrice=&minBedrooms=&maxBedrooms=1&displayPropertyType=flats&maxDaysSinceAdded=&sortByPriceDescending=&_includeLetAgreed=on&primaryDisplayPropertyType=&secondaryDisplayPropertyType=&oldDisplayPropertyType=&oldPrimaryDisplayPropertyType=&letType=&letFurnishType=&houseFlatShare=false http://www.rightmove.co.uk/property-to-rent/find.html?search... It will cut my rent in half which would allow me to travel a lot more and save up for a deposit as well - with an average price of £175k for a 1 bed flat in the city centre. Birmingham Airport is just 10mins by train from the centre and costs like £2.50! Lots of airlines and destinations. Cheap flights within Europe with the budget airlines or even to Asia via hubs like Dubai with Emirates. I'm self employed, work from home and I don't have a child yet - which makes it a lot easier to move. Parts of London are lovely but like you said, unless you own a property or your household income is a few times the average UK salary - it doesn't make much financial sense to live there.