£1 million is not enough: buyers forced out of central London

If you want to buy a London home, and all you've got is a paltry £1 million or £2 million, then you can kiss goodbye to any ambitions of owning in central London. Prices are now so high that those who don't have more than a couple of million are retreating to the suburbs.

And this is causing an alarming bubble there too.

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