4 ms·

Comments like "London real estate is notoriously expensive" don't really refer to greater London. Central London sure, but 1/6th of the population doesn't live

by hhmc 4y ago

Comments like "London real estate is notoriously expensive" don't really refer to greater London. Central London sure, but 1/6th of the population doesn't live there.

PaulDavisThe1st 4y ago
Central London has super-high-price "luxury" residential real estate. London in general has way-way-way-more-than-median-income-can-afford residential real estate. London itself (not Greater London) is roughly 1/8th of the total UK population.
- hhmc 4y ago
  > London in general has way-way-way-more-than-median-income-can-afford residential real estate. If your metric for affordability is whether a single (local) median salary can afford a residential property, then almost nowhere in England is affordable. This is clearly a problem, but not unique to London.