Jump to content
House Price Crash Forum
Sign in to follow this  

Worthing Council Gives Report On Housing

Recommended Posts

I foud an excellent housing study done by the borough of Worthing (sussex). It is a fantastic report with no VI spin in which it tells that renting is a lot cheaper than buying in Worthing. It has data on:

* Rent cost is % of mortgage cost for similar place

* income needed to rent vs income needed to buy

* monthly outgoing cost rent vs mortage.

To buy an avarage 3 bedroom house in Worthing you need income of £62,982 and to rent you need income of £34,656. This is all of course within the lending criteria of 3.25 x income.

I wish everyone in Worthing would read this and that this would be known to people. Of course the local newspaper will not tell about this as they have vested Interests.

I think every council should do a study like this.

Housing Market Bulletin Q1 (April to June) 2005


Share this post

Link to post
Share on other sites

what a pathetic council.

instead of already knowing there is a housing crisis from their 'grass roots'.

so they find out eventually and what do they do ?

do they build more emergency family accomodation.

do they pursue the government for guidance.

do they hold urgent planning meetings ?

what do they do? they spend thousands of poll tax pounds to produce a sappy report that simply comes to the conclusion that their regions housing is so unaffordable, its marginally cheaper to rent privately.

what a waste of space.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.