Property News · July 24, 2017

Bloated London property prices fuelling exodus from capital


London is experiencing a net loss in migration in every age group apart from people in their twenties, according to official statisticsIn the Kent seaside town of Whitstable, long-term residents call them DFLs – people who have moved “down from London”, sometimes for the lifestyle but more often for cheaper housing.The number of people fleeing the capital to live elsewhere has hit a five-year high. In the year to June 2016, net outward migration from London reached 93,300 people – more than 80% higher than five years earlier, according to analysis of official statistics. Continue reading…

Source : theguardian.com
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