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Showing posts with the label "housing affordability"
UK housing Crisis? Well, imagine  what would have happened  if we let those refugees and migrants who drowned in the sea in our tiny country. Unaffordable? Why cannot you work more and harder? Few new houses being built? Why should developers build affordable houses and banks give you a mortgage if there is no profit to make? Where is the incentive? How is our economy supposed to grow?  Jack lives in a cupboard and says that  some people "might find sleeping in such a small space would make them feel claustrophobic but Jack insists he doesn’t mind it." That's the great British patriotic attitude and spirit we need, espcially in times like these (Brexit, etc).  Inside the housing crisis
Social progress in England 40% of young adults cannot afford to buy one of the cheapest homes in their local areas. 35% of 25-34 years olds own a house, down from 55% in 1998. "Inequality and exploitation are good. They give an incentive to people to work harder and harder if they want to buy a home. If they don't it is either them to blame, or that's life, we can't do anything about! After all, the untouchables, the capitalists and the landlords, are the wealth creators!"
The average salary in Britain is £26,000. A salary of £51,200 is needed to "afford" to rent a one-bed London home. We have achieved something after hundreds of years of human evolution, technological and scientific development.  The BBC, faithful to Britain's spirit, has filed this infomation in their Business, not Society, section.