3bdrm house in London is basically $1m. This is on par with the Valley. I am surprised salaries are not higher. I am not sure what you mean by less material

3bdrm house in London is basically $1m. This is on par with the Valley. I am surprised salaries are not higher. I am not sure what you mean by less material goods... I don't think that's true or really means much of anything. Not having space means less stuff in general anyway cause you have to put it somewhere.