A study released by a campaign group has revealed that so-called “thirty-somethings” are leaving London at an alarmingly fast rate.
According to Generation Rent, there were 65,890 Londoners in their thirties last year who moved to other parts of the country.
Once the (lower) number of new 30-something residents was added, the total outward migration figure was 30,140.
In the same period, the average house price in London went up by 37% to a whopping £410,445 – compared with just a 16 per cent rise for the country as a whole.
“These people are leaving friends and family in order to find a home they can afford, and some are leaving their jobs. This should worry everyone in London,” said Betsy Dillner, director of Generation Rent.