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I could imagine some convergence between London and the Home Counties but hard to know whether that’s from London actually going down or a whole load of cash pumping up less commutable places outside. Either way I don’t envy those living in the SE not on London professional salaries (said without malice).
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Aren't all of these mediocre million pound three beds in mediocre locations going to implode in value if 60-80% remote working becomes a viable option for many?
Depends how much you want to pay for the option of a quick cycle ride to Portobello Road or South Ken for the Natural History Museum. The culture stuff that's unmatchable is important to some.
Obvs. that's largely irrelevant at the moment, but pre C19 it was something we were thinking about.
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It's a good point, I'm waiting to see what my company decide is "normal" post-COVID, if I'm only expected in the office a couple of days a fortnight, sure, a shire commute would be bearable. But am I ready for shire life? Stewart Lee did a great bit about leaving London and living in the country.
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NickCJ
Howard
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@umop3pisdn
Aren't all of these mediocre million pound three beds in mediocre locations going to implode in value if 60-80% remote working becomes a viable option for many? Doesn't matter how shit your commute is if it's only two days a week.