[jasonkester]

Remember, we're not trying to find remote jobs for everybody in London. Only enough for the ones smart enough to move someplace nicer and take a job with an American company.

Also keep in mind that every developer job is a remote one. It may not be advertised that way, but if you've proven that you're good at what you do and you decide to move out of your felt cube and claim back your quality of life, your company will find a way to accommodate that (if they're smart enough to do the simple arithmetic to calculate what it would cost to replace you in this market).

[AwesomeGorilla]

There is going to be a tipping point if London property prices continue to rise. There's no point in having a start up in, say, Shoreditch if you can't afford to pay living salaries to people to work there, so either you a) move somewhere the salaries and office space is cheaper or b) you go remote and increase your talent pool. There's quite a few startups that have to be in London (e.g. they work in the finance industry) but there's likely more than a few that really don't need to be.