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>> First you're getting a vastly different product today than in 1946 Is that true? Something like 40% of the UK housing stock was built pre-WW2. Sure they’ll
by CraigJPerry 4y ago
>> First you're getting a vastly different product today than in 1946
Is that true? Something like 40% of the UK housing stock was built pre-WW2. Sure they’ll no longer have a coal bunker and they most likely have had insulation upgrades etc. but a pre-WW2 house in 1946 is still a pre-WW2 house today. The modern build will have less living space, predominately through smaller room sizes but should be cheaper to heat.
>> Also to compare affordability the metric for most people would be the median percentage case of mortgage payments vs the persons take home pay
That lops off all the people who can’t afford a mortgage so i dont think that logic works.
- hackerfromthefu 4y agoYes its true, see details in this post https://news.ycombinator.com/item?id=31156040 https://news.ycombinator.com/item?id=31156040