Super-rich elites making London 'off-limits'

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Moving to London is unaffordable for those from poorer backgrounds, says social mobility report.

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The report says it is increasingly difficult for young people to move to London to get the high-paying jobs concentrated in the capital. The report, Elites in the UK: Pulling Away? highlights the rise of the ultra-rich in London in recent decades, with their wealth often deriving from finance and banking.

 

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Good maybe the natives can afford to live there now

This isn’t news though

AntoinMagill niall_mack EoinDurkin23 SeanGallagher34 clearly I left my mark on the big smoke! You country boys wouldn’t have a clue

Good

That’ll be all those Russian oligarchs

.... for the past 20 years.

This is disturbing on so many levels.

Good, keep the stabby gangs & peasants out

Well they funded brexit so why not give them your city?

So the super rich are avoiding London because they afford to live there? Sounds logical!

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I thought only 1% of the population was in this category. So the 1% who are super rich are taking up the other 99% of space? I think this report appears to be a vehicle for anti-rich political ideology. I hope the tax payer can ask for a refund? Probably not!

No ! - I'm from a very poor background, latino and non-EU. I'm am very well employed in Ldn. Thank you. I never played the victim

Well they find brexit so why not give them your city?

Good.........

You get what you vote for. Corbyn would have tackled this.

Doesn’t look like that with all the stabbings and terrorism . Going on ! Your making it up BBC

BBCLondonNews Go to London! I guarantee you'll either be mugged or not appreciated. Catch the train to London, stopping at Rejection, Disappointment, Backstabbing Central and Shattered Dreams Parkway.

This is especially interesting when you consider that London was where UKLabour were strongest in the GE. Coincidence or hypocrisy?

As usual wrecking it for everyone else, as if they haven’t got enough....

So what? Another ridiculously pointless study.

And just how did some of these people get to be super rich and why does anyone need a billion pounds? I'd use the word criminals not elites

I think this is what Basil Fawlty would call ‘the bleeding obvious’. Money launders welcome, see the billionairess from Angola

welcome to tory UK-we failed to elect the party for the many gave power to the party for the few-self evident people, is this the shower you want to run England.

That's why capitalist London vote more Labour and left due to wealth gap.

Young people from poorer backgrounds in London are given so much more opportunities than poorer young people outside London. Ex. 51 kids from one school with mostly deprived kids have been offered places at Oxford uni. 41 last year. That does not happen in a ‘not deprived’ area!

Maybe we should set up concentration camps for these vile creatures 🤔

I don't think the rich elite are making London off limits I think it's more to do with the gangs drugs stabbing each other robberies from the criminal side

BBCLondonNews And so? Maybe if you work hard enough you could be too.

As a Londoner who rose up from a poor background and well travelled, I’d say they are better off seeking opportunities in other UK cities that frankly have a better standard and quality of life now. Many big companies have offices across the UK with decent pay vs living expenses

Labour Party also consists of many millionaires.

It’s not Londonistan, it’s Londongrad.

This is complete and utter shite

No mention that the rarely paid real London living wage is £10.75 or rent keeps rising too fast?

Hey I didn't know that already

Politicians are such fools, it’s all about the money.

Politicians are such fools.

At least it keeps them in one place when they drop the bomb!

Many of the super-rich are probably BBC employees!!

They should discount London from the uk national houseprice average, the place has become totally unrealistic with its £100m flats and dump like houses. It would allow the rest of the uk to be ‘affordable’ (if it’s not too late already) for future generations of house owners

LucianoDomenico Eat the rich

To British YES. but if you claim asylum you’ll still be ok. Given free housing with extras. Oh as long as you don’t officially work once your given leave to stay just keep to delivering food car washes etc top up your handouts

Funny how so many migrant workers in the building industry have bought homes in the suburbs of london and commute in daily . Or do they mean just the centre to live in.

Learn to code

No mention of a decade of Tory policy giving tax breaks to billionaires and encouraging them to speculate on UK property pricing out the rest of us from a secure home. Fuck the Tory-loving BBC. BBCBias

Let the rich have it all, they'll soon want the dishwasher emptying and I wonder what we do with these full black plastic gash bags now that 'the help' has left us to it. Ummmm, why is my mobile flat, why has it not been charged, where's the remote, where's the settee, hel.....

It’s the same in every major city in the world. Australia no exception. Getting very expensive to live in the city or even close to I

Awww... You already have Beverley hills, London hill don't have the same ring....🤣😂😂

wa wa wa solution make more money what is stopping you

Did they clean it up

Its not that great

Most cities are like this now. Middle or lower income can’t afford to buy in cities - commute lifestyle for all who want to own

I am a 44 year old actor and teacher. I wish as an adult to live in my own private space. A simple one bedroom flat will do. Not a studio. A one bedroom flat. And I can’t. Exorbitant rents. And ridiculous salary targets. No one I know earns more than £21,000 consistently.

And knife crime...

Think the stabbings are contributing to the 'off limits' as well.

The Shard's on the wrong side of the Thames. Fake news picture.

They're running the country and making life off limits too.

Why go to London? Plenty of other wonderful cities in the UK offering great opportunities - they’re crying out for talented people.

Luckily the mayor is doing all he can for regular people... oh, wait.

London virtually has become a state within the state.

Its what the majority of the country has voted for !

The Final descent into decadence of the Empire in full display. The book is 90% done. Keep it up Anglos Saxons trumpets!

It's the a******e of the uk they are welcome to it

But will anyone do anything about it?

No shit Sherlock

These are the actual 'no go zones' in London...

Please take trump !

They'll soon have empty properties when no one can afford them anymore. Who I'm I kidding? Those properties are just money laundering vehicles that they'll just recycle amongst themselves.

been off limits for years 🤷🏽‍♂️

They can keep it !

it's not them who are the problem.

Hardly news is it - anyway let them have it - its an out n' out khazi

Same in most big cities around the world.

Helped by the London Mayor. Politicians are all poodles, muppets. The people who are struggling in the capital should rebel against the system. Who are all the starting price €500,000+ properties being built for.

New York City aswell...

...and Edinburgh....and Devon...and Cornwall...and......

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