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Well it seems pointless working these days?
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<blockquote data-quote="binky" data-source="post: 527574" data-attributes="member: 490"><p>totally agree, and not only 5X but over 30 years to make it affordable...</p><p></p><p>Low inflation has also certainly helped fuel the housing market, and I can't help feel sometimes it's all been deliberate policy to keep the population at the grind stone to service huge debts to make money for the bankers...</p><p></p><p>What doesn't also help is demand for housing is also being fueled by increasing population. I looked at the legal immigration numbers a few years ago, on average something like 350,000 people move to the uk every year, and about 100,000 emigrate, so that's net 250,000 more people in the UK every year, legally. My home city of Plymouth has a population of 250,000, so I worked out that over about 2 decades, we needed to build 11 cities the size of Plymouth to house all these people. ( before any points out those numbers don't quite stack up, immigration levels were lower 2 decades ago).</p></blockquote><p></p>
[QUOTE="binky, post: 527574, member: 490"] totally agree, and not only 5X but over 30 years to make it affordable... Low inflation has also certainly helped fuel the housing market, and I can't help feel sometimes it's all been deliberate policy to keep the population at the grind stone to service huge debts to make money for the bankers... What doesn't also help is demand for housing is also being fueled by increasing population. I looked at the legal immigration numbers a few years ago, on average something like 350,000 people move to the uk every year, and about 100,000 emigrate, so that's net 250,000 more people in the UK every year, legally. My home city of Plymouth has a population of 250,000, so I worked out that over about 2 decades, we needed to build 11 cities the size of Plymouth to house all these people. ( before any points out those numbers don't quite stack up, immigration levels were lower 2 decades ago). [/QUOTE]
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