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£100,000 salaries to rent London flat

Series: Times ; 11 January 2001, 9(1)Publication details: 2001Subject(s): Summary: Research by GlobalResident suggests that salaries of £100,000 are required to rent one-bedroom properties in desirable Central London areas, such as Chelsea and Knightsbridge. Rising city salaries and bonuses, and an influx of overseas workers taking highly paid jobs have prompted the soaring rents. Table.

Research by GlobalResident suggests that salaries of £100,000 are required to rent one-bedroom properties in desirable Central London areas, such as Chelsea and Knightsbridge. Rising city salaries and bonuses, and an influx of overseas workers taking highly paid jobs have prompted the soaring rents. Table.