Central London’s Exorbitant Rents Are Starting to Spill Over

London’s most desirable neighborhoods are out of reach for all but the most affluent tenants, and the effects are rippling out.

A Bloomberg analysis of data from flat-share website Spareroom shows the pinch is now being felt in the next tier, as people get pushed out of prime postcodes into places like Brockley and Bethnal Green. The shift is starting to erase what’s left of affordability in the British capital.