Loads in Europe have a much higher percentage of renters like Germany where its the norm. They also have over 4 times the spare homes than Scotland, three times Edinburgh.This quote is hidden because you are ignoring this member. Show Quote
9000 sounds a lot but at 3% of homes free that would still be the third smallest of any oecd nation.
Uk has one of the lowest amount of landlords in Europe and people owning second homes so we can't really blame that for prices. What we do have is a fraction of the spare homes compared with every nation. Where are the youth living with parents going to move into when we also have massive immigration figures. It's a sellers market. The most simple of economics says bild more and the landlords have less power to charge what they want.
If we are expecting 400k net immigration per year we obviously need that as a minimum that but it should be nearer 1 million. We've been averaging close to 700k net migration and building 200k homes them wondering why house prices are rising 😆
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23-04-2024 06:02 PM #11
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