Growbag

Assuming you are happy to look after the bank's assets (75% of the property) self-manage and don't have any maintenance costs, voids or non-payments.

The 70s saw massive changes in oil prices 1970 = $3.50 1980 = $35. Neoliberals love to try blame the run-away inflation on Unions and Labour power but it was clearly the OPEC embargo and Iran crisis which pushed oil price up 1000%. We also saw the rise of financialisation where Capital demands it's pound of flesh..they created a whole new layer of wealth in finance which far out-stripped the productive economy...sound familiar?

As per usual the capitalists will take all the gains from increased efficiency of production since capital needs it's pound of flesh at an ever increasing rate. Once the workers become completely superfluous to the system there will be a great culling leaving the privileged few to be served by robots.

Hahahahahahah....just listen to them.....poor landlords.... https://www.facebook.com/groups/LandlordsNetworkUK/permalink/1824432454250448/ Unbelievable self-worth and entitlement... "The government need to realise that private landlords are taking the strain out of the housing market , instead of kicking us where it hurts they should be incentivising us..." Restraining myself at the keyboard....for now.

Born in Cambridge...moved back after uni about 2004 and was already priced out. Luckily found cooperative housing - secure lifetime tenancy at 60% market rates with full control over the property. Cambridge is a bubble surrounded by green-belt, dominated by university land with huge tourism and expanding tech industries, It is a victim of it's own success and has really lost a lot of it's charm imo. In the centre it is now mostly stack and pack housing for students and foreign investors. The new university development is basically a gated community. Even the surrounding villages are expensive and then you have to commute in the slowest moving traffic in country with an average driving speed of 13.73 mph! Needs a radical transport shake-up still. There is a lot of wealth here so small entrepeneurial businesses can thrive making up for the horrendous costs...working minimum wage would be another matter but there are plenty of those still scraping by somehow.