o_oli@lemmy.worldtoUnited Kingdom@feddit.uk•London rents hit 'record high' of over £2,000 per month as shrinking supply hits tenants hardEnglish
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1 year agoHouse prices are going down. Just not by as much as many expect because ultimately there is still a housing shortage I guess. Also inflation is perhaps offsetting the actual drop in figures but technically is lowering prices too.
This doesn’t even make sense to me. Are we assuming these people don’t own their own homes and are still paying rent to reach these figures? 31k to be ‘moderate’ seems absolutely stupid to me if housing is taken care of, and who has 31k a year pension but didn’t pay off their mortgage by retirement? Seems their definition of comfortable must include a lot of expensive holidays.