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Miracle Economy Has Priced Out Key Workers

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Key workers in property struggle

The Press Association Saturday July 29, 07:29 AM

Key public sector workers are priced out of the property market in two-thirds of UK towns, research has revealed.
Nurses, policemen, teachers, ambulance workers and firemen can no longer afford to buy an average priced house in 65% of towns, compared with just 24% five years ago, according to Britain's biggest mortgage lender Halifax.

So much for the benefits of the Miracle Economy! :lol:

The government cannot dispense with key workers so they will need to start a massive relief work in the form of large blocks of cheap public housing that will have to be kept in the public sector and out of the reach of BTLers and other speculators in order to maintain affordability. Gordon's NuLabour economy will become 2-tiered with only the wealthy as home owners and the young, key workers and immigrants confined to mass public unit housing. Some Miracle?

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  • 301 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%

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