According to the Office for National Statistics, between August 2013 and June 2014, 204,443 people moved into London, compared to 273,077 who moved out, meaning a net 68,634 people left the capital for the year: 10,414 more than in the same period a year ago.
Over a five-year period, the age bracket which migrated most to the capital was the twenty-somethings. All other age groups, on the whole, left.
A survey of 1,047 London adults by YouGov found that, largely, fewer young people find London stressful or expensive, than older people.
In total, 52 per cent said London was a stressful place to live, and 89 per cent said they found the capital expensive.
However, 44 per cent of Londoners disagreed with the statement 'I’d rather be poor in London than rich in Hull'. Only 38 per cent of 18-24 year olds disagreed with this statement, the lowest of any age bracket.
In addition, only 80 per cent of 18-24-year-olds found the capital expensive, the least of any age bracket, and noticeably the youngest produced the most “don’t know” answers of any age bracket.