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Old 15-04-2022, 05:06 PM #1
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arista arista is offline
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Join Date: May 2006
Posts: 187,875
arista arista is offline
Senior Member
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Join Date: May 2006
Posts: 187,875
Default This is NOT Chelsea-on-Sea: Seaside locals rage at rich Londoners pricing Them out of

The Market Place
can be Nasty.





[Furious residents of some of
Britain's most picturesque seaside towns
have slammed wealthy Londoners
for snapping up second homes in
the area during the pandemic and
pricing them out of the housing market.

Covid lockdowns and the rise of
flexible working saw a surge of Londoners
travelling outside of the capital,
spending a record £54.9bn on properties
outside the city last year - the highest
value on record by far.


However, the rush for second homes
has brought misery to residents
of the most popular towns,
with soaring house values pricing
young people out of the housing market.
]



Sign Of The Times


https://www.dailymail.co.uk/news/art...ide-towns.html
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