this post was submitted on 05 Oct 2023
51 points (100.0% liked)

United Kingdom

4113 readers
361 users here now

General community for news/discussion in the UK.

Less serious posts should go in !casualuk@feddit.uk or !andfinally@feddit.uk
More serious politics should go in !uk_politics@feddit.uk.

Try not to spam the same link to multiple feddit.uk communities.
Pick the most appropriate, and put it there.

Posts should be related to UK-centric news, and should be either a link to a reputable source, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread.

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] killeronthecorner@lemmy.world 1 points 1 year ago

There was a huge amount of purchase and sale during covid due to the tax holiday. This had disproportionate effects on house prices compared to the period before it and the behaviour of the market is still not very predictable as a result.

As for good and bad, that's a matter of budget and perception, though I appreciate anyone being frustrated with having to give so much for so little in a lot of cases.