Jeremy Wrote: ------------------------------------------------------- > StraferJack Wrote: > -------------------------------------------------- > ----- > > Boiled down, yes Jeremy. Or close to it anyway > > OK. I like boiling things down. So what's going to > happen? > > In lots of other big cities it's quite normal for > families to live in flats. So maybe that's the way > it will end up here... get rich, live in a flat, > or move away. > > Or perhaps we're in for a wholesale > "readjustement" when interest rates rise, as RD > suggests. > > Or maybe unloved areas of East and South-East > London will become more popular (East Ham... 3 bed > house doable on much less than MrBen's suggested > 90K joint salary). > > Or maybe a mixture of all three? Or maybe there needs to be a change of mindset that somehow you can't lead a fulfilled life unless you own a property. On the continent long term renting isn't seen in such a negative light, and subsequently rents are lower and leases longer...