My son lives just to the SW of London and commutes into the city. He has lived there a little less than a year so is still renting a house but will most likely buy one in 08. The average low end price is about one $million and he expects to pay a good bit more than that. That's sounds like the high life but a similar house in the Philadelphia suburbs could go for $250,000 to $500,000. Also, I wasn't impressed by the quality of UK construction. Nothing like as good as German or French houses. I worked in construction in London in the late fifties and there has been a drastic decline in quality. I like London but I just don't get it's attraction as a place to live. Traffic is awful, the tube isn't airconditioned, everything is way overpriced, police spy cameras are watching your every move, it feels worse than Portugal under Salazar did and the food is beyond disgusting. What's not to like?
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