Economics

The Great London Property Exodus Is in Reverse as Tenants Return

  • Hamptons says rents rose most since at least 2013 in April
  • People returning for lifestyle reasons, not for employment
Photographer: Simon Dawson/Bloomberg
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Tenants flocking to London are driving up rents in the capital, reversing the pandemic “race for space” and adding to the UK’s cost-of-living crisis.