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by dnissley 270 days ago
In most HCOL cities it's cheaper to rent than to buy
1 comments

not in the UK.

Which is why I asked.

I can name 4 cities easily where you're paying mortgage+extra driven by the "buy-to-let" craze over here. I'll assume you mean the UK is a phenomena in that case.

I think the difference for the UK is it’s HCOL but low pay, so people there can’t afford the mortgage down payment as much, which is not normal for say American HCOL cities.
> the UK is it’s HCOL but low pay

_sigh_ don't remind me...