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1. Hong Kong (China)
2. Tokyo (Japan)
3. Singapore
4. Seoul (South Korea)
5. Zurich (Switzerland)
6. Shanghai (China)
7. Ashgabat (Turkmenistan)
8. Beijing (China)
9. New York City (USA)
10. Shenzhen (China)
These expensive lists are always so full of ****. London is far more expensive than all Asian cities up there (except HK) but it's nowhere to be seen.
The only thing expensive in London is Rent/property and to a lesser degree transport. Maybe drinks in some bars but you can also find a pint for £2 in some pubs.
Otherwise London can be done pretty inexpensively, I think groceries are particularly cheap especially if you go to the markets.
The only thing expensive in London is Rent/property and to a lesser degree transport. Maybe drinks in some bars but you can also find a pint for £2 in some pubs.
Incidentally, rent/mortgage is usually the largest expense for residents in any city. London's rent is twice as expensive as Tokyo's, that is a fact. I wonder how that always seems to be slipping from these reports.
And public transportation is obscenely expensive in London. It's handily twice as expensive as in Tokyo and 3 times more expensive than in Hong Kong. It's a joke really since it's not even that good.
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Otherwise London can be done pretty inexpensively, I think groceries are particularly cheap especially if you go to the markets.
Groceries are fine, but they account for a far smaller portion of your expenses in relation to something like, well, rent.
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Incidentally, rent/mortgage is usually the largest expense for residents in any city. London's rent is twice as expensive as Tokyo's, that is a fact. I wonder how that always seems to be slipping from these reports.
And public transportation is obscenely expensive in London. It's handily twice as expensive as in Tokyo and 3 times more expensive than in Hong Kong. It's a joke really since it's not even that good.
Groceries are fine, but they account for a far smaller portion of your expenses in relation to something like, well, rent.
London has implimented a lot of affordable housing, indeed over the last decade all new property development has to include a significant number of affordable housing, and the city does have a lot of housing associations. Indeed there are a number of vast housing association projects currently under development at places such as Merton and Thamesmead, and council's also invest in housing provisions, with the major redevelopment of a number of council projects.
NYC just makes the top ten in that list, and that is a very expensive city in terms of housing, whilst the main reason London fell from the top ten was largely due to the drop in the value of the pound against the dollar and euro, which was mainly due to brexit.
As for London Transport, the London Underground has seen massive upgrades and new signalling, as well as new stock on the sub surface lines, with more stock being procured for the deeper lines, the London Overground is receiving new stock and Thameslink wqhich has massively improved north/south rail across London,whilst Crossrail, although delayed is set to have a significant impact on west/east services when it fully opens in 2020.
You also have Regional Rail the Docklands Light Railway (DLR), the South London Tramlink, a very good bus network, as well as river buses, coupled with an increase in cycling and walking routes. Whilst London has further new transport schemes in the pipeline.
As for London Transport being a joke, I would strongly disagree.
London has implimented a lot of affordable housing, indeed over the last decade all new property development has to include a significant number of affordable housing, and the city does have a lot of housing associations. Indeed there are a number of vast housing association projects currently under development at places such as Merton and Thamesmead, and council's also invest in housing provisions, with the major redevelopment of a number of council projects.
The wait list is way too long.
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As for London Transport, the London Underground has seen massive upgrades and new signalling, as well as new stock on the sub surface lines, with more stock being procured for the deeper lines, the London Overground is receiving new stock and Thameslink which has massively improved north/south rail across London,whilst Crossrail, although delayed is set to have a significant impact on west/east services when it fully opens in 2020.
You also have Regional Rail the Docklands Light Railway (DLR), the South London Tramlink, a very good bus network, as well as river buses, coupled with an increase in cycling and walking routes. Whilst London has further new transport schemes in the pipeline.
As for London Transport being a joke, I would strongly disagree.
It's much better than Paris (well it kinda has to be considering how much more expensive it is), but it's not as good as the underground systems in these Asian big cities like Tokyo or Hong Kong and much pricier.
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The wait list is way too long.
In terms of housing, building affordable housing coupled with housing associations, housing trusts and rent controls seems a sensible option, and this is what is happening in London and other parts of the UK.
In 2015 there were 4.1 million social homes in England and Wales, and the figure is increasing as housing associations build tens of thousand new homes every year and more than one in ten Londoners now live in Housing Association properties. Housing Associations are non-profit making and home a wide variety of people including families which are seen as a priority, and there are specialist projects for people with mental health issues or learning disabilities, with substance misuse problems (alcohol or illegal drugs), the formerly homeless, young people, ex-offenders, asylum seekers, and people fleeing domestic violence.
A lot of the Housing Association stock is generally very good, as are indeed the new builds, and it's also non-profit and therefore more affordable, and there is a long history of social housing in London with one of the oldest housing trusts in London being set up by social philanthropist George Peabody in 1862. George Peabody is also famous for the The George Peabody Library in Baltimore in the US and many other kind gestures.
It's much better than Paris (well it kinda has to be considering how much more expensive it is), but it's not as good as the underground systems in these Asian big cities like Tokyo or Hong Kong and much pricier.
London Transport is non profit making, for every pound we receive, around 79% is spent on the everyday running costs of the network and around 21% on improving it for the future.
London has a vast heavy rail system with around 330 stations in London, on top of the tube, doclands ligt railway, tramlink and numerous other transport systems and is one of the most connected cities in the entire world.
Interesting to see how say Busan, Kyoto, Osaka compare but with some statistical figures backed up, not just anecdotal forum evidence from travellers which I also can vouch for. I'd say there is 20%+ difference which is something.
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