It is NOT the cost of good safe housing that drives people out of London – it is …
- A: Too much focus on regarding domestic property as investment – not just the questionable BuyToLet but also foreign money – seeing peoples’ homes as money trees
- B: The government’s abject failure to provide enough homes and keep prices down
- C: The incredible inequality where, in one street a home is worth little and, in the next, millions
This is the political disgrace of the C21st
Strange conclusions from Bloomberg …….
https://www.bloomberg.com/…/beware-of-blaming-government-fo…
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Wealth dictating to the poor