Re:One million cancel broadband as living costs rise (UK)
by el_oni on Thursday May 18, 2023 @06:46AM
(#35986257)
And that's fine if the median salary increased by 7% a year (hint: it hasn't)
The houses here used to be affordable for a middle income person or family. Now they aren't, that's the issue, not the sticker price.
edit tldr:
At the same time houses have gone up in price, wages have stagnated, rent has increased and inflation has increased. So we earn the same, pay more for rent, utilities and food, and have to save more (10% deposit is usually the minimum).
The houses here used to be affordable for a middle income person or family. Now they aren't, that's the issue, not the sticker price.
edit tldr:
At the same time houses have gone up in price, wages have stagnated, rent has increased and inflation has increased. So we earn the same, pay more for rent, utilities and food, and have to save more (10% deposit is usually the minimum).