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Old 17-11-2017, 09:38 AM #91
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DemolitionRed DemolitionRed is offline
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Join Date: Jan 2015
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DemolitionRed DemolitionRed is offline
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Join Date: Jan 2015
Posts: 6,175
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The big problem is London, outer London and anything within a decent commuting distance of London. These areas all require a massive amount of blue collar workers and blue collar workers aren't going to bother with commuting fees when they can earn almost the same money working in the north. Why would blue collar workers cripple themselves with a 275k mortgage when they can have the same property in a different location for 75k? What this inevitably means is, we drive the workers we need in that area out of that area.

We need to forget about cheap buyable housing in London cos it aint going to happen. We recently had a new build of one and two-bed flats, built and advertised as affordable housing close to where we live. The one beds were put on the market for 275k and the 2 beds 300k. That isn't first time buyers affordable housing but its the best anyone's going to get if they want to remain in the same area they work.

We need more social housing in the London area. We need housing for the average blue collar wage earner because if we lose the labor, London will crumble.
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