February 4, 2023

Property Prices in the U.K. are nine times that of earnings:

Kirstie Allsopp was held under great criticism for suggesting modern lifestyle choices, for example subscriptions for streaming application and exercise institutes, – should be stopped and or altered. This is in order to afford housing and allowing, oneself to get onto the property ladder. The difficulties with getting on the housing ladder is the multiplex of costs involved are immense ; one has to pay a deposit, there are restrictions on how much money can be borrowed. In the late 20th Century the house prices were approximately only 4 to 5 times earnings which we can now see has almost doubled.

______

What do you recommend to the youth in order to increase affordability ?

Leave a Reply

Your email address will not be published. Required fields are marked *