Wage stagnation is a real problem & why so many are finding it hard to get a mortgage. I also think the concept of London weighting is an utter myth (outside of public services which tend to be so poorly paid they need to offer *something*, and some roles that historically have been exclusive to London eg IB). I’m in a technical field and see the exact same salaries regionally, and even outside of your next biggest/popular cities like Manchester or Edinburgh. It is also really hard to hire people in my field (in London) which shocked me, but on the other hand I’m not surprised because you can go up to Manchester and rent a flat *alone* in media city for a few years, have a significantly better lifestyle, minimal commute, then go buy a decent 3 bed house within a few years on the same salary you’d be in a house/flat share with waiting til you met someone to halve rent and start saving with. Obvs remote working will change all this but it’ll only widen the gap between rich comfortable and very very poor.
Sorry I know this isn’t the house prices thread lol.