The only way to solve the housing crisis is for domestic owners to accept that house prices must fallImagine going to the supermarket and contemplating whether or not to buy a chicken costing £50. At that price,buying a chicken a week would cost the average workers almost 10% of their salary. whether chicken prices had gone up as fast as house prices in the final 40 years, that’s exactly how much we’d be payingHousing policy is dominated by consensus. We all agree on the problem: house-building levels are too low, and despite there being ample land,even in and around London .
Continue reading...
Source: theguardian.com