Even London's cheapest homes are out of reach for most millennials

📆 10/9/2018 8:48 PM
📰 Bloomberg

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Fuck London

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Even the cheapest London homes are beyond reach for most young adultsbankofengland could easily bring prices down, by reducing the amount of credit being pumped into the housing market by further restricting LTV and LTI multiples, whilst keeping interest rates low for the wider economy. They are complicit in this bubble. Banksters gonna bank📰💷 Also - has it ever occurred to them that they allow 4 1/2 time GROSS salary. So the leverage is even higher the higher the salary goes - what with 40%+ tax etc
Source: Bloomberg - 🏆 97. / 63 Read more »

Even London's cheapest homes are out of reach for most millennialsI will call bullshit on this. Wall 80% of the world cannot buy a house there as well Seems better odds than San Francisco or NYC.
Source: Bloomberg - 🏆 97. / 63 Read more »