Thank Fathom it’s Friday

London rental market — not a pretty picture

Ellen Ó Fríl23 September 2022|

I once read an anecdote about a young Pablo Picasso in which he was several months behind on his rent. The landlord came by and told him that if he didn’t come up with the money he’d be evicted on Tuesday. But Picasso exclaimed, “Before you kick me out, just think, years from now people will look at this building and say the great Picasso lived there.” The landlord looked at him blankly and said, “And if you don’t come up with the money, they can start doing it on Tuesday.” If I were to paint you a picture of the rental market in London right now, it might actually be something like a Picasso painting — all disjointed, a bit surreal, and costing an absolute fortune.