Originally Posted by
Iani
What anyway the government doesn't get (yet another thing) is that all this regional pay difference stuff, it's for two reasons - and they aren't necessarily linked to affordability........
Firstly, it's the economic law of supply and demand. So many big companies and high power companies either want or have to be in London. Good staff then are in demand, and will not take rubbish pay.
The other reason, and this is linked to the above, again, supply and demand - the fact that the only real differences between London affordability and say Leeds affordability, is transport costs and housing costs.
London transport costs isn't as bad as it might appear, but nevertheless it isn't cheap. I know people who have to work in London, but commute in from Worthing and Guildford.
The real choker is London housing costs - nuff said, everyone knows what they are like.
Shop at Tesco in Leeds, or Tesco in London, and the food prices aren't much different. There are discount shops in London, clothes shops that normal people go to - not much different if at all.
If anyone's never been to Leeds, or Manchester centres, they are like a mini-London. The bistro areas and classy bars are much smaller concentrated, however they are there.
Anyway, I've said enough on it