Quote:
Originally Posted by Hugh
Also, builders aren’t interested in building affordable housing - I live in North-West Leeds, and most of the new houses built in this area in the last five years are 4 or 5 bed detached, ranging from £650k to £925k; there are a few "affordable" houses in those new estates, but those are 2 or 3 bed semis or mews costing £325k to £425k.
Considering that the average salary in Leeds is £43k, that must be a new definition of "affordable" I hadn’t encountered before…
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Too true Hugh*
There's nothing being built, and very little out there for sale that fits into the 'young new homeowner' range of around £140k to £170k . . . unless you really fancy a 2 bed rabbit hutch.
* apologies for the rhyme
