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@Dooks-Fatberg
Owses are still going f*cking mental here.
We bought in SE23 well within our means three years ago and despite that property almost doubling in price since (making us riiiich in theory i.e. outside of the M25) we can't afford to buy anywhere with the extra room we now need for storing a small human in our neighborhood, anywhere even remotely nearby, and definitely not in Brixton.
Basically unless we're willing to mortgage up the hilt (we're not) then we're effectively priced out of the area we live in. Which means priced out of London. Which, considering our joint income is orders of magnitude over the average UK salary is INSANE.
I'm really not complaining because as dilemmas go, ours is undemanding. We're totally fine, if a tad pushed for space, if we stay where we are and could cash-in a move out. So we're by no means hard done by.
I just find it crazy that the next logical step for a young family the "trade up to a slightly bigger but still affordable place in the same area" option is no longer viable unless we're willing to gamble our future by signing up to a potentially crippling level of debt.
London's gone meh.