Middle Class ‘cling-Ons` Squeezed Out Of London Property Market February 25, 2014
Large numbers of high earners have been locked out of the London housing market, according to an analysis by the Financial Times.
A growing number of boroughs are becoming `no go` areas for middle-class professionals.
20 years earlier, a typical cling-on family could afford to live in Camden overlooking Regent`s Park. Now, the buzz of one of London`s most sought-after neighbourhoods is unattainable, and the most expensive part of the capital to which they could aspire is Redbridge in the city`s less-glamorous north-east.