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London is a capital of the world, like NYC or HKG. There is a lot of money, you've got all the CEO, head, partners, billionaires and their families to drive pr
by user5994461 8y ago
London is a capital of the world, like NYC or HKG.
There is a lot of money, you've got all the CEO, head, partners, billionaires and their families to drive price up. When you move closer to the center and the most desirable locations, income are orders of magnitudes above a typical worker.
Then there is all the money laundering and foreign investments to drive prices up everywhere.
Don't get it wrong. London is affordable for normal people with a qualified job, just like NYC, Paris, Hong Kong and every other city in the developed world.