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About 15 years ago, Scandinavia began an interesting social shift, which is still noticeable today.

What happened is that good value childcare became widely available, allowing both partners the ability to work. Women in western societies generally begun to consider careers etc.

My personal experience of this is from colleagues of 10 years ago, who were very pleased at the progressive nature of their country, but amazed that the cost of living slowly rose so that two incomes were the norm'.

I am sure this is what has happened in the UK, generally two incomes are required for setting up home.

Interesting that this occurs when more and more people live alone, presumably skint.

Whether this situation is to be factored in with the other issues keeping prices high remains to be seen, but I believe it is a natural thing. Imagine if you could have six wives, all working, earning 20k each (140k salary inc' you), would house prices stay at an average of 170ish or move higher because of affordability.

As this has never happened before (women working in increasing numbers) we have no way of knowing if prices adjust upwards naturally. Interesting times.

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  • 442 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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