I did a debt counselling course last year. Part of the course showed that luxuries have come down in price but essentials such as rent/mortgage, council tax and fuel bills are taking out a much bigger chunk of wages now that they were 10 years ago. Gas for example 200% higher and as I pointed out earlier council tax bills are 110% higher.
surely doesn't this come down to the inevitably of supply and demand? there aren't enough houses, energy is depleting so it's inevitable the price rises, whereas little microchips are popping up faster than player rumours on here. it doesnt make it right, i agree, but that is the linking relationship.
there should be more new homes built, but then of course, NIMBYs hate that and we've seen just how much leverage they can hold.