Monday, September 17, 2007

Londonium Exodus

A recent report has shown quite how many Londoners are leaving the city. The Office for National Statistics says that between June 2005 and June 2006, about 243,700 Londoners went to live in other parts of Britain. Some 28 of London’s 33 boroughs suffered a net loss of residents to the shires. The cost of housing is cited as the main reason, either because younger Londoners cannot afford to buy in the capital, or because property-owners have decided that this is a good time to sell. However, immigration from abroad combined with births to ensure the city's population grew, to slightly over 7.5m.

2 comments:

Chris O said...

All I can say is that the people moving out of London are missing out on one of the greatest cities in the world...

Coffee Tambourine said...

I took this paragraph from The Economist but I would like to stress one thing - anyone who knows the city a bit can see that there is another very real factor for people to leave and it's not mentioned - can you guess what is it?