A quarter of the u.k living in poverty

Go Beavers

lastexitlondon said:

Yes . Our rent for a 2 bed flat is £920 ! Month utterly  ridiculous.  My ex wife works full time and can't afford her rent . My son contributes but they want him to pay the majority of the rent. He is 19. 

Seems odd to bag on people’s work ethic in one sentence, then post this. Sounds more like a problem with the cost of housing than attitude. 

mcgruff10

PJ_Soul said:

mcgruff10 said:

PJ_Soul said:

rgambs said:

I have 3 bedroom 2 bath, full basement on 5 acres with a 6 car barn and free natural gas...
$650 
£500

We shouldn't expect the most coveted places to live to be affordable as well, that's a mindset we have to leave behind.  It isn't the 50's anymore.

Holy fuck that's cheap!

Yeah, of course coveted places won't be as affordable, BUT they need to be somewhat affordable - like enough for people not to leave in an exodus - because if the costs exceed the wages of even doctors, teachers, other professionals, let alone all the service and trade labour and whatnot needed to keep a city running, the city will ultimately collapse. A city without workers ain't going to fly. My city is now at the point where businesses are having to close or only open a few days a week simply because they can't find enough workers to staff the place, because they can't or won't pay workers enough to live where their business is. That's a problem that HAS to be dealt with if a city wants to survive long term IMO. Either prices need to be controlled better, or salaries need to go up in unison with the rising cost of living. Neither one of those things are happening, and that's why there is a crisis. It's all completely unsustainable.

Allie do you live right in Vancouver?
Gambs, I am so jealous of that property.  Good for you!

I live about an 8 minute Skytrain ride from the actual border of Vancouver proper, but the problem has spread out to all of metro Vancouver now as well (obviously the closer you are to that border, the more expensive it gets, i.e. the average price of a detached home in my own neighborhood is up to $1.5 million, and the average rent for a 1-bedroom apartment is about $1350 - $1500+). It's not AS crazy as Vancouver proper of course, but definitely still bad enough to be unsustainable.

Wow that is crazy expensive.  Reminds of the suburbs just outside of nyc. 

Meltdown99

I'll be moving from a 3 bedroom townhome, 2/12 baths, 3 levels garage ... mortgage 600/month.  Using the equity from here to move to a new home $400/month 

lastexitlondon

Wise move