Politicians are taking all sorts of counter-measures but none of them seem to have much effect, and the proliferation of expensive second homes and holiday homes in attractive areas continues apace.
It seems to me that as long as outsiders can afford hefty prices for local homes, and as long as residents can enjoy a large profit by selling up, the trend to "colonise" picturesque villages and towns - and appealing parts of cities - can only continue.
I think the politicians who are trying to turn back the tide are onto a losing battle, but they're reluctant to make the obvious suggestion - that if the locals can no longer afford the rocketing house prices, then there's actually nothing wrong with moving some place where property is cheaper.
After all, that's what Jenny and I did, and it's worked out very well for us. We gave up on Islington, one of the most expensive parts of London, because we couldn't afford to move from a flat to a house. We sold our flat and left for Belfast, where we were able to buy a semi-detached house for cash, with plenty of money left over.
A lot of Londoners defeated by the property prices are now heading for cheaper cities and towns where not only are houses affordable but the quality of life is better - less congestion, a slower pace, friendlier people and lots of nearby beauty spots. Often they wonder why they didn't make the move much earlier.
Being driven out could be a blessing in disguise.
