According to Spareroom.com's poll, up to almost a half of London's tenants are looking to move out of London altogether, which, together with the cut in earnings in large setors of the capital's economy, should mean that the chancellor's efforts to prop up rental values through the furlough scheme will come to nothing. House prices will surely follow. The only question remaining is whether this will mean that the government will have been deemed to have committed the unforgiveable sin of letting house prices fall and be booted out at the next election.
