While many people suggest the similarities, lets face it – they are two very different places.
Also different is the rental market. When I was working over in the UK I remember the constant drive of real estate agencies to make sure that their rental stock was full.
Tenants were constantly followed up by agents to try and find them the right place. A far cry from how prospective renters are followed up in Australia
The vacancy rate was certainly higher and tenants had more choice. The supply of housing, even for a larger city seemed greater.
Also it seemed that due to hight rents, many londoners (including most ex pat Australians) shared accommodation.
Another readily interesting observation is that majority of places are furnished. I suppose that helped make the rental market more fluid. As furniture was fixed, tenants found it easier to move from one place to another.
While here in Australia, the hassles of shifting rental accommodation make many planned 12 month stays, into long terms stays.
Just thought I’d share those thoughts.