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The UK has a different issue. The size of the homes is just absolutely tiny even for the same number of bedrooms it has been shrinking and it shrinking still.
by dogma1138 7y ago
The UK has a different issue.
The size of the homes is just absolutely tiny even for the same number of bedrooms it has been shrinking and it shrinking still.
The houses in the article aren’t Victorian era detached houses that are being hogged they are fairly new built homes just big ones.
Also council tax even for a large house is often quite lower than 4K, stamp duty starts at 125K and between that and 250K it’s just 2%. So with the exception of London and a few other cities in not sure it’s what is preventing retired people form buying newer builds, the fact that the new build is likely considerably worse than the 80 year old house they live in just might be however.