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Londoners Leaving the City in Droves as Covid Trend Persists


The push to leave London sparked by the coronavirus pandemic shows no sign of slowing down even after millions of workers returned to their city center offices. Almost 8% of the British homes purchased outside of the capital were bought by Londoners in the first half of the year, the same proportion as a year earlier when the post-Covid rush kicked off. That’s up from 6.9% in the first half of 2019, the year before the the pandemic struck, according to data compiled by broker Hamptons. Buyers have flocked to the countryside in search of more green space after being cooped up in their homes during a series of lockdowns in 2020, taking advantage of more flexible working patterns and pent up savings.

Bloomberg - August 1, 2022

View the full story here: https://www.bloomberg.com/news/articles/2022-07-31/londoners-leaving-the-city-in-droves-as-covid-trend-persists