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I can see the same thing happening over here in the UK. Me and my partner left London to move to a smaller city Scotland, we now pay 60% of the rent for a place
by adam-a 8y ago
I can see the same thing happening over here in the UK. Me and my partner left London to move to a smaller city Scotland, we now pay 60% of the rent for a place that's twice as big. I still freelance for clients in London and can funnel the extra money into side projects and savings. We actually have a realistic chance of buying a house in the next couple of years too!
One thing I wonder, having seen a few articles recently about people leaving big cities[1], is whether this is a new trend or simply the same thing that happens every generation as people grow older and their priorities change?
[1]: https://www.theguardian.com/money/2018/jun/28/london-property-prices-blamed-for-record-exodus https://www.theguardian.com/money/2018/jun/28/london-propert...
- TomMarius 8y ago> One thing I wonder, having seen a few articles recently about people leaving big cities[1], is whether this is a new trend or simply the same thing that happens every generation as people grow older and their priorities change? I don't think so - not in general. I think it largely depends on the economical situation. My grandparents (and with them many others) have done the exact opposite because it made economical sense back then.
- tylerjwilk00 8y agoI think on a long enough time scale it is a cycle. Just like the market booms and busts the flow of people oscillates to and fro in the market of places to live.