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But Covid has put a huge dent in London-ish rental markets, which was a huge unforeseen (and unforeseeable) risk.
Short term stuff and holiday, yeah for sure. Didn’t know the real rental market has been affected that badly other than the weird changes around not being able to make tenants leave (and in most cases I suspect they do just leave).
What happens in the next six months is anyone’s guess though.
Howard
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The problem with London is the fear that if you punch out now then you'll be throwing away £x0,000 by staying for another y months (or £x00,000 by staying another y years).
I know friends that were smug about bailing out of London 6 or 7 years ago that really regret doing so because, although they bought a really nice place with loads of garden/etc, if they'd hung on for a few more years they'd be able to do exactly the same but with a nicer/better/bigger place (or £200k more in their pocket).
If that kind of shit doesn't annoy you then go now. There's rarely a bad time to get the fuck out.
I should say that the number of people who think they fucked up by leaving London early is easily counterbalanced by the number of people who did leave London and absolutely fucking love having left London and don't look back at all with any regret.
The really smug fuckers are the ones able to rent out their place in London and buy somewhere outside London. But Covid has put a huge dent in London-ish rental markets, which was a huge unforeseen (and unforeseeable) risk.