Agreed, Near where I live I can buy a nice three bedroom house in a decent area for less than a 1 bedroom flat in a good chunk of London. http://www.rightmove.

Agreed, Near where I live I can buy a nice three bedroom house in a decent area for less than a 1 bedroom flat in a good chunk of London. http://www.rightmove.co.uk/property-for-sale/property-65484652.html http://www.rightmove.co.uk/property-for-sale/property-654846... round the corner from the street where where I grew up, it's a nice solidly middle class area with decent schools, parks. 200K for a detached 3 house with garage and a reasonable garden, In a good chunk of London the equivalent would be 2-4x more expensive and in the city proper more than 5x. So suddenly £32K where I am starts too look pretty good compared to 55-60K in London. Also it's not just the housing that is cheaper up here, almost everything is cheaper.