“30 to 40 years ago London was an interesting, souvenir city. But now all the centres of excellence are in one place. London is the happening place.”
30 to 40 years ago London was an interesting, souvenir city. Rich in heritage, perhaps like Paris is today, without any commercial relevance in the world. What’s happened since Margaret Thatcher has reformed London and decentralised it and allowed it to fly free, over time it has become a colossus. London is the happening place.
One of the key reasons why people buy in London is, for instance, if you were a banker and you went to York. It is likely that if your child wanted to do politics they would be in Washington, if they wanted to do films they would be in Los Angeles and if they wanted to do semi conductors they would be in San Francisco. It’s likely that our family would be spread out which is why Thanksgiving, Easter etc is so important to Americans because they convieve as families, where they are not normally together.
In London, all the centres of excellence are in one place. So, if you are studying at Imperial College, which is the finest technical university in the world, cutting edge education. If you wanted to study culture, motor racing, films or television or anything to do with insurance, banking or corporate finance, London is the happening place.”