I know what housing insecurity is like. Rising prices are not good news | Suzanne Moore

Entire generations will struggle to be able to afford their own property – the market has failed them

Leaflets pile up on my doormat from estate agents. “For sale” signs are erected outside houses on my street. Tarpaulins covering exposed loft conversions blow in the wind. The signs are clear: people are looking for property in my area. I didn’t need a Daily Mail headline to shout at me: “House prices surging in EVERY region.”

In the UK, the value of life is measured in house prices, for those lucky enough to own one. To see house-price rises (especially those worth more than £900,000) as a cheery fact is to lack awareness. Rising prices are excluding entire generations from the housing market. See that housing ladder you climbed? Well, here’s the snake.

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from Property | The Guardian https://ift.tt/2T0OvKl
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