Monday, Apr 12, 2010
BBC News in negative high house price story shocker
BBC News: High house prices 'creating brain drain' across Dorset
As the title indicates: an actual story on BBC News about house prices which is negative. "The estimated average house price for Dorset in 2008 was £262,332, which is 15 times what most residents earn, at about £18,000." Interesting they are using 2008 figures... nonetheless, while this article only goes so far as to waffle on about the requirement for greater social housing, shared ownership - yadda yadda - at least it seems to have gotten one half of the equation right... Except at the same time it does appear to simply be crocodile tears on the local news (with a minimal audience compared to national news) so as to demonstrate apparent impartiality. YEAH RIGHT.
Posted by mick rupert @ 01:31 PM (888 views) Add Comment
8 Comments
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1. chrisa said...
She fears more and more younger people may have to move from their families to be able to climb the first rung of the property ladder.
"There are more people in their 20s living at home," she said.
This will become more and more people in their 30s, 40s, 50s and eventually not leaving but just waiting for their parents to die. UK will become a nation of extended families under one roof supported by the one of two people in that household that are lucky enough to get a job cooking pizzas or burgers.
2. tenant super said...
Never mind Dorset, Britain has the worst brain drain in the developed world with over 3 million (often highly skilled) living abroad. Next year, when tuition fee caps are (as widely expected) scrapped, more top students will study overseas and never come back. Southern Australia is the latest to 'sell' its universities in Adelaide to British sixth formers.
3. mrflibble said...
Average house costs 15x average salary - shame on you...
4. enuii said...
This is the result of the Cancerous Growth on the backside of Britain that is London.
5. dill said...
@4 enuii
100% agreed.
6. powerofnow said...
enuii@4: I had a wart on my forehead frozen with liquid nitrogen today.... maybe we could do the same with The London?
7. enuii said...
Now there's a thought but we'd need an awful lot of the stuff!
8. tom101 said...
One more year and I think i'll call it a day and leave London and the UK. If i was single I would have left last year!
Gave up the notion of ever owning property here years ago.