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Old December 20th 03, 08:34 PM posted to uk.transport,uk.rec.driving,uk.transport.london
PeterE PeterE is offline
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First recorded activity at LondonBanter: Jul 2003
Posts: 53
Default reducing congestion

Conor wrote:
In article , CastIron_881
@hotmail.com says...

But it is the question of affordability in relation to local wages
that is the cause for concern.

We have entire villages where the only locally born people there are
those who bought their homes decades ago and never moved. The rest
simply can't afford to buy. The sad fact is that the effect is also
spreading into the towns in East Yorks to the point that no locals
will be able to afford to buy.


Basic laws of supply and demand, I'm afraid. In large parts of the country
it's now the case that someone on average wages can't get on the property
ladder. But life goes on, somehow.

In general the response to this seems to be that kids continue to live with
their parents to an ever later age.

Where locations are within commuting reach of major cities I don't see that
restricting second home ownership would make any difference.

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