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Reply to "UK, Italy, France quality decline, now poorer than all 50 states "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If we are talking about London, it's a peculiar case. Central London is dominated by three demographics: 1) global rich, 2) students, and 3) immigrants in social housing. Central London is really a rich man's playground. The middle and UMC now commute in from outer zones and the home counties. And London is a massive employment machine with the highest salaries, people live there and put up with long commutes because they have to. The concentration of jobs and salaries in London is massively disproportionate for the country. A lot of people still move out for space and schools. Just like what they do in the US. I knew several families where dad worked in London and lived in a small flat three days a week and family was out in the country. [/quote] This is about right. I was a college student in London. Faculty mainly lived in Kent and commutes by train, because of good schools in Kent. Exceptions were primarily if a professor were married to a banker, then they seemed to live on the west side of greater London. There have been efforts to move some government agencies/offices outside London (Forestry was moved to Scotland) and the BBC has been pressured to move several bits to Greater Manchester (greatly resisted by the impacted staff). Still, a huge swath of jobs are in London. Even more if one counts the jobs concentrated in the Thames Valley (along GWR mainline from Paddington out towards Gloucester). London jobs are as if we had a combination of central government jobs (think DC) and Wall St jobs (think southern Manhatten) all in one place. [/quote] I have a bunch of friends in London who live a 5 minute walk from a tube stop in Brixton, Balham, East London, etc. Their commutes are very manageable. Some are civil servants so not high earners. A key differentiator is, like in so many places in different countries, many of them bought their properties more than 15 years ago when they were much more affordable. It’s the same here in Bethesda. [/quote]
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