I was looking at housing prices in a small city in Scotland and you can BUY a 1 bedroom apartment for £40,000 ($50,000). And it's in walking distance to anything you would need on a daily basis. And the city has functional public transportation both within the city and regionally.
I live in a smaller city in :amerikkka: where there are like 10 bus routes that do nothing for me because I work in the next county over. I am forced to own a car to do anything. I rent a room in a house for $750/month and the cheapest apartment in town is $1000/month. A house down the street just sold for $500k (two years ago they were going for $350k). Moving closer to work would put me in an area where everything is $1400+/month and still no way to get to work other than driving unless I want to ride my bike in a gutter while cars go by at 50mph.
So, what's stopping me from buying a flat in Scotland other than immigration being a fuck?
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I guess the median can be staying the same while the upper percentiles get richer and buy more second homes and investment homes.