I reluctantly have to agree - I'm on the verge of quitting London.
I was looking for a decent 2 bed in Chiswick or Richmond but I'm seeing >2007 prices getting snapped up for anything not sh!t .
I find it hard to see a HPC in desired areas of London whilst rents are so high and interest rates so low.
Once rates do go up though it will be carnage.
Sadly, I think London can remain irrational longer than I'm prepared to wait.
Ditto. Renting in Chiswick and don't even bother looking at property prices around here anymore as it's pointless. I'm numb to it now. Currently considering moving to just outside London where I can get more for my money rent wise. Long term, if prices stay like this, then I can see myself saving my cash and buying a decent house elsewhere in the country for the same price as a studio flat in London.