Exactly. In the EU, most hot cities have become prohibitively expensive in terms of rental and purchase prices, basically because that is where most jobs are. I

Exactly. In the EU, most hot cities have become prohibitively expensive in terms of rental and purchase prices, basically because that is where most jobs are. I don't see a reversal of this trend happening anytime soon, unless there is a massive shift towards remote work. If anything, I think things are becoming worse. I wish I was wrong, as it is a nightmare. Before COVID, a nice rental in the Oxbridge area would cost 1/3 of an average salary. Fast forward to 2024, it is now 1/2. Lot's of people are struggling. I heard the buy-to-let era was over, and that the market was cooling down, but I don't see that turning into lower prices.