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by garagemc2
3973 days ago
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Hmmm I think it's unfair to put the cause purely on immigration. A few other causal factors: - Anglo Saxon obsession with property. There is a culture of being obsessed with home ownership in Anglo-Saxon countries. Particularly the UK. This pushes people to pay over the top for property and thus increases prices even further. - Property prices seem to be increasing particularly sharply around London & Brighton. This is because they are wealth creation centres. Well paid jobs, tourism, industry, culture all cause property prices to go up as people want to live there. - Weather. This one isn't written about so much. But the hypothesis is that people tend to want to live in the South because of better weather. The weather in Kent is far better than is say Yorkshire in terms of net sunlight and average temperatures. I would be willing to bet that, in the past, property prices would have still sharply increased in certain areas even without high immigration. |
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