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Description
One chimney has been removed, another is hidden from this perspective.
With apologies to Tolkien, but there is a flavour of Mordor to this...
It's shocking to know that a studio in the properties being developed here starts at £800,000. Considering the average London wage is apparently between £30,000 to £40,000 (depending on who you believe) you'd need to be able to secure a minimum mortgage of 20x your salary to get a STUDIO (that's no seperate bedroom). Now which bank, will lend an "average" Londoner 20x their salary?
This is a microcosm of London as a whole, politicians and property developers colluding to exclude the vast majority from affording even humble homes, in order to charge extreme rents for vulgar profit. At some point their ever increasing greed will massively backfire and then the evil minority will get what they really deserve.
With apologies to Tolkien, but there is a flavour of Mordor to this...
It's shocking to know that a studio in the properties being developed here starts at £800,000. Considering the average London wage is apparently between £30,000 to £40,000 (depending on who you believe) you'd need to be able to secure a minimum mortgage of 20x your salary to get a STUDIO (that's no seperate bedroom). Now which bank, will lend an "average" Londoner 20x their salary?
This is a microcosm of London as a whole, politicians and property developers colluding to exclude the vast majority from affording even humble homes, in order to charge extreme rents for vulgar profit. At some point their ever increasing greed will massively backfire and then the evil minority will get what they really deserve.
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2480x1654px 2.96 MB
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