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Comments by "" (@paul8161) on "UK housing market crash is "the end of the PONZI SCHEME" | Economics | The New Statesman" video.
Are the council's building less social housing due to less money given to them from central government?..I completely agree private housing is expensive...the private/shared ownership is expensive to they were calling a 2 or 3 bed upwards of £200,00-£300,00... I couldn't afford that on my low wages...and if ever if i found one say for part ownership of £60,000... which sounds ok...the total cost of the whole morgauge was South of £200,00-£300,00... the crazy thing is those houses sell...I think unfountnatly they sell for second homes again to be rented out on high rents.. keeping the cycle going.
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