Starter homes will 'stymie social mobility' | Money | The Guardian the average one-bed flat in the London area is now worth £437,000 #housingcrisis #bullshit #1.5millionempties #homes4all #land4all #action #squat #recycle

Starter homes will 'stymie social mobility' | Money | The Guardian

“But it isn’t in proportion to London’s reality. Our own figures show the average one-bed flat in the London area is now worth £437,000 – which may well reach the new limit by the time this plan comes into action. Already, 38% of postal districts around Greater London have average prices for a one-bed flat above £450,000.”