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That's too low for Belfast now, renting for £500 ex. rates is possible but that's already £6K a year plus rates/agency fees.
Perhaps some country side areas lower the average but it seems low to me. And NI isn't that expensive & our rates are low.
Or it's low due to people having bought a house with mortgage part paid?
I don't understand how the housing costs are so low? £5.3k annual for median household, inc council tax. Am I just out of touch with non-London housing costs?