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Old 08-02-2022, 22:40   #34
Damien
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Re: Can young people can afford a home? Move somewhere cheaper!

Quote:
Originally Posted by jonbxx View Post
On potential side effect of this whole COVID thing will be the rise in home working. If it really sticks, then we could easily a flattening of the housing market where cheaper areas will become a possibility if you only work from home. The opposite will be true for classic commuter towns.
Quote:
Originally Posted by 1andrew1 View Post
Yes, have been thinking along the same lines too. Providing you've got a good internet location then you can live anywhere in the country, though living abroad does present some issues.
There is another problem with the concept of an exodus from urban areas, or mostly the South-East, to elsewhere in that this pushes up the prices of the areas people are moving to as well often at the expense of the locals. The housing problem is nationwide. We don't build enough. Homeworking might solve the problem for professionals in service industries based in the South East, less so for people who grew up in Cornwall and can't afford the ever-increasing prices there.

The other thing is this thread is entitled 'young people' who are more likely to want to live near certain areas such as London. Ideally, you expect people would want to go from renting/owning a small place in a city, to a home in the suburbs when they have a family.

The country needs a cultural and political change from seeing houses as an investment rather than homes. At the moment you have the government pursing policies to keep the rises going such as Help To Buy.

Last edited by Damien; 08-02-2022 at 22:52.
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