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fussballclub
I don't think it's nonsense, but it's highly South East specific, and in particular London. If you want to buy a house in the many parts of the country, no problem. They're cheap as chips. The problem is that everyone there (well, nearly) is on the minimum wage or benefits. The places where the jobs are, particularly the well-paying jobs, are highly centralized and as a result the house prices in those particular locations are astro-fucking-nomical, with commuter belts extending up to 100 miles outwards.
I agree the problem isn't a lack of housing per se. The problem is the highly localised demand for housing. And in these Covid19 times, with remote working becoming the norm, this is the ideal time to try and reverse that. Trouble is, all the Daily Mail-reading Boomers will be up in arms if it turns out their family home that they bought for two-and-a-half shillings in the mid seventies is no longer worth a couple of mill...