Property News · October 17, 2017

With Brexit, leaving London means paying less rent in other European cities


Bankers and others who must relocate in the wake of the Brexit vote may miss London, but not its rents. In destinations including Frankfurt, Paris and Dublin, their housing costs could be slashed as much as 60 per cent.
London is currently the least-affordable major city in western Europe, according to the Bloomberg Global City Housing Affordability Index, with average monthly rent and mortgage payments equalling 135 per cent of monthly net income. Prices have been elevated by…

Source : South China Morning Post
Read more…With Brexit, leaving London means paying less rent in other European cities

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