Why are homes so expensive in the UK?
limited supplies? not enough houses for people? I just read an article about how expensive it is in the UK, just woundering why?
Answers:
Its everything that's expensive here now not just property.
We are now one of the most expensive European country's to live in. i think this is down to the amount of immigrants and our own people who we have to support who are claiming benefit because they are not in work and have no intention of doing so.
Therefore we end up paying not only for ourselves to live here but everyone else who doesn't want to contribute.
greed ever1 has to get there share of a house sale
its expensive..not as much as new zealand
Too many people, not enough property.
becaue of interest rates and location and also because the pound is so strong against over money,
you want to try and buy a house in dublin , 3 bedroom council house costs about 370,000 to 450,000 euro
I have no idea. But, when you find out, will you please tell me because houses are even dearer in Ireland! It has gone to ridiculous proportions now with nurses, teachers, policemen etc. unable to afford a house in the cities, where they work. If some kind of scheme is not devised for these people to have affordable housing what will happen to cities?
None of the other answers fit this question we as a nation buy because we love to buy and that put the market up for ever
Greed.
they aren't that bad compared to most of Europe to be honest, If we had stayed in Germany we would be very lucky to own our home as we do now.
People are under the misconception that if their house is valued high when they sell it they will be rich. They seem to have forgotten that they will still need to find a place to live in after they have sold the house sale.
It's also a situation that is being encouraged by the financial institutions..don't believe me? One of my friends has just taken out a mortgage for 4.5 times in salary. That level of debt scares the willies out of me.
Not enough legal room to build and too many buyers, I believe this is the case until the Government allow more homes to be built on green field and preserved areas. This problem pushes the price up.
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Answers:
Its everything that's expensive here now not just property.
We are now one of the most expensive European country's to live in. i think this is down to the amount of immigrants and our own people who we have to support who are claiming benefit because they are not in work and have no intention of doing so.
Therefore we end up paying not only for ourselves to live here but everyone else who doesn't want to contribute.
greed ever1 has to get there share of a house sale
its expensive..not as much as new zealand
Too many people, not enough property.
becaue of interest rates and location and also because the pound is so strong against over money,
you want to try and buy a house in dublin , 3 bedroom council house costs about 370,000 to 450,000 euro
I have no idea. But, when you find out, will you please tell me because houses are even dearer in Ireland! It has gone to ridiculous proportions now with nurses, teachers, policemen etc. unable to afford a house in the cities, where they work. If some kind of scheme is not devised for these people to have affordable housing what will happen to cities?
None of the other answers fit this question we as a nation buy because we love to buy and that put the market up for ever
Greed.
they aren't that bad compared to most of Europe to be honest, If we had stayed in Germany we would be very lucky to own our home as we do now.
People are under the misconception that if their house is valued high when they sell it they will be rich. They seem to have forgotten that they will still need to find a place to live in after they have sold the house sale.
It's also a situation that is being encouraged by the financial institutions..don't believe me? One of my friends has just taken out a mortgage for 4.5 times in salary. That level of debt scares the willies out of me.
Not enough legal room to build and too many buyers, I believe this is the case until the Government allow more homes to be built on green field and preserved areas. This problem pushes the price up.
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