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Indeed. That's before you've even gotten to places like Manchester, Edinburgh and the like. Instinctively it feels like about 2/3rds of people live in "unaffor
by matt-p 3y ago
Indeed. That's before you've even gotten to places like Manchester, Edinburgh and the like.
Instinctively it feels like about 2/3rds of people live in "unaffordable to buy" areas. Worse it's probably the best paid 2/3rds of the country.
- Ekaros 3y agoAnywhere in the world demand is where there is supply for wages. Most places just have not succeed matching that demand with supply on the housing. While supply of wages has still gone on... Very often where there is no well paid jobs or even paid jobs the demand is low, so housing is cheap. Urbanization has been failed. Supply of housing has not kept up with labour around in most urban areas.