Saturday, August 25, 2018

Where to move for… value for money

Lloyds Bank’s annual affordability audit this year placed Stirling as the UK’s most affordable place

As my mother – a true child of ration books – used to say when shopping for sausages: value, Tom, not price. Cheap is not the same thing as value for money. Property can be cheap, but if wages are so bad you can’t afford it... Affordability is a more useful gauge, relying as it does on the ratio between property prices and local wages.

Related: Where to move for… avoiding traffic

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from Property | The Guardian https://ift.tt/2NhmYQL
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