cHodAX
I am a FH squatter
- Joined
- Jan 7, 2004
- Messages
- 19,742
- Thread starter
- #31
That is exactly the problem. The house prices in London are just in never ever land for most people and the rental market will reflect that.
Personally i think that this cap is just senseless and i can see why soe people find it so easy to saythat people should just up sticks and move but life is not that easy. Schooling, family, doctors all have massive effects on where people live and it should not just be about the cost.
Other much cheaper areas have great schools, great doctors and can still be with easy reach of family. Yes it has an effect but if we are talking about saving £5000+ each year for 17,000 families then maybe it is something we need to consider. That extra money could be much better spent elsewhere given the state the public finances are in.