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It's not a case of can't afford it, I just can't justify spending the money. I'm in London less than 6 months of the year. The running costs of an apartment in London are quite high (dead money) ele. gas, service charges, insurance and council tax etc. It may also put me on Hectors radar.
I can now rent or flat share for less than a tenth of the cost.
It would only make sense to buy if there was capitol appreciation, not going to happen in an over priced market.
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