Unfortunately the UK economy is very London centric. And the deck is very much stacked in London's favour due to the sheer numbers who live in London compared to the rest of the UK - (greater than 1/8th of all people in the UK live in London).
I moved to London from a UK regional capital, and personally I've had the opportunity to improve my earnings much further than would be achievable at home for my particular branch of Tech.
All my peers are well aware that the rent is breathtaking - however most of us with home ownership aspirations are not intent on living in London indefinitely, owning or renting in the commuter towns in the south east are far more achievable on a good IT salary.
I moved to London from a UK regional capital, and personally I've had the opportunity to improve my earnings much further than would be achievable at home for my particular branch of Tech.
All my peers are well aware that the rent is breathtaking - however most of us with home ownership aspirations are not intent on living in London indefinitely, owning or renting in the commuter towns in the south east are far more achievable on a good IT salary.