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by secretsatan 1756 days ago
Not london, but i moved away from cambridge in the 2000s to switzerland of all places, which i thought was hugely expensive.

Well, in cambridge, i got kicked out of 2 flats in6 years because they wanted to raise rents, each time, i had to move further out, get a smaller place and still had to pay more money each time, i wasn’t getting pay rise in line with this and i think that’s still the reality across much of the uk, house prices and rents are rising higher than wages.

I also noted across this time that younger people apparently like staying in more and the selfish gits are spending less money on other things and somehow that’s their failing.

I didn’t have my rent raised in ten years here, in fact, as interest rates went down, i would have been well within my rights to demand a decrease. Also, bars, restaurant and clubs seem much more vibrant here than when i was in the uk, as if younger people had a bit more disposable income that flows in the local economy

1 comments

I had the fun idea to tie minimum wage to real estate in the area. Take the national average rent for an apartment for a family of x people. If the regional average rent is 10% lower the minimum wage can be 10% lowered as well. If the average rent is 100% higher the minimum wage can be cranked up by 100%.

It would create problems for poor companies that will have to make room for more effective entrepreneurs. At the same time it would create new opportunities in areas normally not considered.