- Location
- Ledbury, Herefordshire
But in order for that to happen, domestic rents would have to fall considerably. Its an anathema the relative cost of rent compared to take home pay.faffing about with a couple of acres of produce was all well and good when food was 50% of house hold expenditure rather than 5%... the efficiencies of big producers and the easy of global transport of goods from low wage economies has by and large wiped out that business model.
I struggled to get a £630/month mortgage when I'd been paying nearly £800/ month rent. (At the time, rent was well over 50% of my expenditure).