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by ed_balls
2391 days ago
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Rent is the main problem. We are not subsidising McDonalds, we are subsidising landlords. If rent price would stay the same, the minimum wage job wouldn't need subsidies from the state. The problem is that all powerful people own properties and they want to keep prices high. Main voters base also owns properties. It's an unsolvable problem. |
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London. The problem is the same in all large cities/capitals. I was listening on a BBC podcast a couple of years back discussing how the "not living where they work" is the main thing holding them back in progressing with their lives as much/fast as they could.
Especially in London, where near the center you can't get a decent studio for less than 1000-1300 pounds per month (just the rent now add council tax, utilities, etc.). The only way to make it is live on a flat with 3-5-7 more people.
There are some "maps vs rent" for London. I assume you can find some for other cities as well.
https://d36tnp772eyphs.cloudfront.net/blogs/1/2018/05/london...
https://static.homesandproperty.co.uk/s3fs-public/thumbnails...
https://www.thrillist.com/lifestyle/london/london-undergroun...
If you see prices below 1k, it's per week.