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I think the only way to stay in centralish London for those born there is if you can get a chunk of your parents lottery winning property equity growth - assuming they own, and are willing to help you of course.
In theory it comes out in the wash economically, eventually, if your family own local and stay local.
Jameo
Am I alone in feeling absolute and incoherent rage and despair at knowing I'll never be able to afford a decent house in the city I was born in? I'm really grateful to be on the housing ladder at all, and things will undoubtedly be worse for the younger generation, but I've found it genuinely debilitating recently. I see all these nice terraced Victorian terraced gaffs up for £500k plus and I'll never get close to being able to afford them. And I have a decent job. And a partner. And no kids.
I genuinely don't understand how people are able to afford those places.
EDIT: I know this is a bit out of character for this thread but I don't have many places to vent about this stuff and it'd be good to know if I'm not utterly alone on this.