Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Recession is history in London

It's a little while since I dined in London, but celebrating our anniversary last week, Mrs LM & I ventured to an old favourite, Le Pont de la Tour. Very decent place, costing north of £100 per person with the basic trimmings, and earning 3 knives & forks in Michelin. I washed down the pan fried foie gras and whole lobster with a very decent Burgundy.

But while leisurely sipping the large G&T [Champagne for Mrs LM] we couldn't help noticing a very stark contrast to previous visits. We were struck by the heaving packed restaurant (thankfully we had booked early) and clientelle with an average age of [I guess] about 25. Virtually all Gen Y with a few Gen X. We were, by our reckoning, just about the only boomers there!

No longer is the place home to silver-haired doyens of commerce & Industry. The home to boomers who have taken half a lifetime to afford comfortable surroundings. It seems more a place for all the rich kids to lavish their money on while [presumably] they cry in their Champagne about London house prices, the difficulty of saving for a mortgage, and the way they have been financially raped by the boomer generation.

I declare 'austerity' well and truly over - at least for the younger generation. London is booming!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.