It sounds bad but it is a consequence of female emancipation. If a couple has double the income then a scarce resource like housing ends up costing exactly what a couple can afford.
The situation is actually even better than described. Poor people rent flats. Only a fraction of the population buys homes. The poor people lower the average income but not the average price of a house.
It sounds bad but it is a consequence of female emancipation. If a couple has double the income then a scarce resource like housing ends up costing exactly what a couple can afford.
The situation is actually even better than described. Poor people rent flats. Only a fraction of the population buys homes. The poor people lower the average income but not the average price of a house.
It’s a consequence of not building enough housing for decades now.
Absolutely. But given those circumstances the prices are still reasonable.