Young Londoners buck trend to leave the capital

Young people are planning to stay in London despite the trend, sparked by the COVID-19 pandemic, to seek bigger and cheaper housing outside of the capital. Research published by PwC showed that 73% of Londoners aged 25 to 44 were planning to remain in the capital, compared to 74% before the pandemic. The new research comes after reports that around a third of over 45-year-olds who currently live in the capital said they expect to move to a different region outside of Greater London the next time they move, an increase of 14% compared to before the pandemic.

City AM (06/10/2020)