Posted Aug 4, 2019, 2:36 PM
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Registered User
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Join Date: Jun 2007
Location: London
Posts: 21,146
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Quote:
Originally Posted by montréaliste
Agreed.
Spoken like a true banker.
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https://www.theweek.co.uk/london-house-prices
Quote:
The Brexit deadlock was blamed for wiping £20,000 off the value of an average London property in a year, but another factor is the growing number of older homeowners staying put in larger homes and therefore preventing younger buyers from moving up the ladder.
Experts at Nationwide said more than half of homeowners are now living in “under occupied” properties with at least two spare bedrooms. Among the over-65s, more than two-thirds of homes have at least two spare bedrooms, a marked increase over the past two decades.
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If you’ve been “retired” for more than 5-10 years, you are just a useless drain on resources and space.
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There is a cult of ignorance in the United States, and there always has been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge." - Isaac Asimov
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