Cost doubles in some poor urban districts, driven in part by mortgage rate rise, UK-wide study shows
rents are driven by mortgage rates now - what the fuck.
I can just hear those fucking thatcherites and blairites shitting out their free market rhetoric all over the place.still, people keep voting for it, so it must be working for the upper middle .
rents are driven by mortgage rates now
That’s normal. When it gets more expensive to buy, more people are forced into renting, which increases demand for rentals, which increases the price of rentals.
Rent control is how many societies and communities deal with it.
Rent control leading to famously affordable rents in New York and San Fransisco.
Removed by mod
“tHatS noT rEaL ReNt coNtRoL.”
We have social housing in the UK which is rent capped and it gives people an element of stability. It can work well
deleted by creator
deleted by creator
Removed by mod
Yes, but you live in a society where you get fucking shafted for every single thing, your opinion is irrelevant to this article
Just a Canadian chiming in but it’s been $900 and up since 2017.
Average wage is also lower than the average wage in the US especially the further north you go.
Conservative Government: “Oh no. Anyway…”
Working as intended, unfortunately.
