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London's property prices leads to exodus of early 30s

High housing costs has doubled the number of people in their 30s leaving the capital

London’s expensive property prices are leading to an exodus of people in their early 30s from the capital, according to a report showing the economy of Britain’s biggest city increasingly dominated by low-skill jobs.

A report from the Resolution Foundation thinktank said the blow to living standards caused by high housing costs meant more people were leaving London than arriving from the rest of the UK.

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