| Comment | Not doubting that at all. Its a shit situation.
The point is it isn't the valuation. That's done the same here as elsewhere. It's the state of our economy.
For what it's worth, as far as I know the market is equally as bad where I left (The Netherlands) as it is here, for the same reasons: not enough affordable housing. Its really that bad.
There's debate over exactly why we're in this situation, but I'm keeping this conversation going just to say: be angry at the right thing. Whether we need to oust career landlords and AirBnB, or build more cheap flats, or stop immigration (that one can get tae fuck in my opinion) - the situation won't go away until we have enough property within people's price range that they don't have to compete, and then overpayment will go down. |
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