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Kathleen Kosh's avatar

I built a 12 sq.m garden room in my terraced, 3 bed semi garden (new build, shared ownership, section 106. I had to pay to ask permission to build said garden room). I made it into a tiny home. Rented it to guy getting evicted, on benefits. The council found out and started charging council tax. He moved out, then the Council sad it was an empty 2nd home. Started charging me £370 pcm in C Tax for garden room, and £170 pcm per month for the house. Thinking about burning it down.

Steven Gresham Farrall's avatar

Combine all that with bad money and unremitting credit expansion and you have a perfect storm. When you look at the data in real terms there has not been a major increase in land aka house prices since 1945. But there has been a collapse in real wages - except for between 1979 and 1990, when real wages increased.

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