4 ms·

I've left London. I went to Canada, Quebec. If I come back I'll go up North. I'll never work in a "world city" again. It's a waste of time. Over time I grew to

I've left London. I went to Canada, Quebec. If I come back I'll go up North. I'll never work in a "world city" again. It's a waste of time. Over time I grew to hate London and I have zero regrets about leaving. My biggest fear is having to go back.

ido 11y ago
It's not as much of a world city as London or New York but we quite like Berlin (moved there from cities smaller, more expensive and with worse career prospect). It's not for everyone but if you're in tech or media it can be quite attractive.
- branchless 11y ago
  Germany is different because of the way they make land available for people to build. The UK is all about only letting big builders put up housing and taking a huge cut. This keeps prices nice and high so people have to borrow their lifetime income. This way the maximum economic rent is extracted from workers. The UK is totally anti-worker. It's a rentier paradise run for the benefit of The City. Click on Germany and the UK on this and see: http://www.economist.com/blogs/dailychart/2011/11/global-house-prices http://www.economist.com/blogs/dailychart/2011/11/global-hou... Ask yourself with 3/4 of new money created via domestic mortgage lending where would UK "growth" be without pulling forward "earnings" through debt?
  - MrBuddyCasino 11y ago
    Wow. This looks a lot like a political issue, why do people put up with this?
    - branchless 11y ago
      No idea. I honestly think we will get to the stage where boomers are riding the young around and shouting "giddy up!". And the kids will just shrug. There is just something about Brits that makes them so exploitable. Like domesticated animals they just line up.
    - adaml_623 11y ago
      It might be the same reason that explains why poor Americans oppose taxing the rich. The population in general don't have a good idea about the big picture trends that affect them. They accept higher house prices and think that they need to get into the game asap rather than try to change the rules of the game.
- facepalm 11y ago
  Berlin is rapidly becoming more expensive, too. So don't wait too long.
deleted 11y ago
[deleted]

ido 11y ago

It's not as much of a world city as London or New York but we quite like Berlin (moved there from cities smaller, more expensive and with worse career prospect). It's not for everyone but if you're in tech or media it can be quite attractive.

branchless 11y ago
Germany is different because of the way they make land available for people to build. The UK is all about only letting big builders put up housing and taking a huge cut. This keeps prices nice and high so people have to borrow their lifetime income. This way the maximum economic rent is extracted from workers. The UK is totally anti-worker. It's a rentier paradise run for the benefit of The City. Click on Germany and the UK on this and see: http://www.economist.com/blogs/dailychart/2011/11/global-house-prices http://www.economist.com/blogs/dailychart/2011/11/global-hou... Ask yourself with 3/4 of new money created via domestic mortgage lending where would UK "growth" be without pulling forward "earnings" through debt?
- MrBuddyCasino 11y ago
  Wow. This looks a lot like a political issue, why do people put up with this?
  - branchless 11y ago
    No idea. I honestly think we will get to the stage where boomers are riding the young around and shouting "giddy up!". And the kids will just shrug. There is just something about Brits that makes them so exploitable. Like domesticated animals they just line up.
  - adaml_623 11y ago
    It might be the same reason that explains why poor Americans oppose taxing the rich. The population in general don't have a good idea about the big picture trends that affect them. They accept higher house prices and think that they need to get into the game asap rather than try to change the rules of the game.
facepalm 11y ago
Berlin is rapidly becoming more expensive, too. So don't wait too long.

deleted 11y ago

[deleted]