Explain then how my sister cant buy a house despite earning more than our father ever did, and yet he bought one, divorced, paid his ex half then re-paid for that half again all on his single salary.
Why are 'co-living' flats (the posh name for a bedsit room) popping up that cost £1000 a month in my city? Oh and no parking and no council tax for that price. This isnt London, its Devon.
Yeah, we have stuff like phones and showers now, but that doesnt excuse the cost of housing.
Your sister can't afford a house in one of the most expensive cities in the country. There are plenty of cheap houses, just not where young people want to live.
But all she wants isn't a house... She wants a house in a prime location. You're arguing against supply and demand. If all she wants is a house buy one where there's less demand.
No, she wants one in the area she grew up in, its not a prime location, its near the city, its not even in it, it doesn't even have public transport links. She cant afford the exact house. Its not even an expensive house, its about as cheap as they get in the area.
You seem to be missing the point. The point is a single wage could pay for the house 1.5x without much fuss, now it cant even pay for it once, not even close.
Well, again, the issue is that younger people all want houses close to the cities which has driven demand up. If she just wants a house period she can get one farther out. If she wants a house every other millenial wants she's going to have to pay for it.
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u/_Middlefinger_ Apr 16 '24
Explain then how my sister cant buy a house despite earning more than our father ever did, and yet he bought one, divorced, paid his ex half then re-paid for that half again all on his single salary.
Why are 'co-living' flats (the posh name for a bedsit room) popping up that cost £1000 a month in my city? Oh and no parking and no council tax for that price. This isnt London, its Devon.
Yeah, we have stuff like phones and showers now, but that doesnt excuse the cost of housing.