I've been priced out of my Greater Manchester town by the London diaspora. Anybody who knows the area will know which town I mean. My tatty council town centre terrace is worth 300k. A load of Londoners came up after the BBC moved to Manchester. Half the kids in my kid's school's parents are from London and they love to make sure you know that. House prices have become ridiculous and are in a different world to the rest of Greater Manchester. It's ridiculous as it used to be a very unremarkable market town (albiet with not much to it) and now it's gone all 'naice' and I'm having to move 10 miles away because it's reaching the surrounding towns and I simply cannot afford to live here and I want to buy a property. It annoys me, I keep imagining somebody who had a London salary and bought a house in London, sold it, and came up here and bought a house 3 times bigger for the same price as their smaller London home. It just seems like they cheated. There are no school places either, because a lot of the Londoner's chose this particular town for the schools. The catchments are bloody tiny, I know somebody who lives in a village about 4 miles away. The schools in this town are the closest schools. No school would take her child and she ended up having to home educate for months.
All my relatives who bought properties or private rented have had to leave, even those who went to uni and got great jobs.