If you are laid off in London your next job will be in London and you don't have to move house. If you are laid off in Cardiff the next job is in Bristol, Birmi

If you are laid off in London your next job will be in London and you don't have to move house. If you are laid off in Cardiff the next job is in Bristol, Birmingham or Milton Keynes. Property prices don't figure into the equation so much because no one is going to buy in a town where the tech scene is small.