I honestly feel I pay too much. They added 1.59 pound a week on my rent and I made calls asking them to justify this madness. That’s 6.36 pound a month. Good burger meal for that money
How much do you pay for rent?
- Thread starter Abdi Engineer
- Start date
UK houses are the worst, even some third world countries have better houses, and most of them are not concrete from the inside.
Apollo
VIP
Outside of London prices are reasonable, but London rent prices are daylight robbery.
They call London the financial city, and everybody from anywhere around the world can buy a property their by speculating on housing price's just to make profit.
Apollo
VIP
Chinese, Gulf Arab, and Russian oligarch speculators who park their money in London is the main reason for the high prices along with some native Brits who join the London bubble.
UK government is also known for protecting investor property rights the most in Europe, so that exacerbates it even more. In other capital cities in Europe rents are not as extreme as London.
True, but London is essentially built on enough low class workers willing to graft while barely making anything. If enough people leave something has to give. There are so many Somalis who can live much more comfortable in other cities in Uk and they all say London waa shidantahay, everywhere else is boring. Mel shidan ma leg when you broke
NordicSomali
VIP
well it’s a good thing people are investing in your country
The world's stolen money is hidden in London. It's often called the money laundering capital of the world.
Third-world tyrants and criminals hide their cash in London, due to lax regulations.
London property represents a safe investment to these people.
This is contributing to increasing house prices. Currently, the average house in London costs 13x the average salary in London.
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I like to call london dunya city, cos its got most of the dunya ppl want. Most ppl wanna eat out all the time have have good food, go out all the time and explore different places etc etc.
Basically just wasting their time with the dunya, even if they have to live in a cupboard for 2k a month
Most of our parents moved to London for the education, look how thats turned out, most of us dont even go university, let alone get good school grades. Ppl just wanna have fun until they realise having fun only increases ur problems
Aight, I’ll PM you when I’m in Dubai next.
Btw, I’m lactose intolerant, I can’t drink cow milk either. Just get me some fresh squeezed juice and we’re good.
NordicSomali
VIP
so you don’t want people investing in your. city? no to money?
As long as it's not dirty money, it's good. Even with tighter regulations, London will remain a global financial centre. I don't know how much of an impact this would have on house prices tbh.
Increasing number of houses built, and higher interest rates would probably reduce house prices more significantly.
There are many cities that have it worse than London in terms of unaffordability e.g. Hong Kong, Vancouver.
@Nilotic, @Periplus, what's going on in Australia?! Sydney house prices have increased 30% in a year! madness!
Don’t know , husband pays the mortgage.
ur married?
