[svenrico]

Originally Posted by keith_d

To be specific, more demand than supply

In 'pretty' parts of the country the prices are often dominated by what downsizers moving into the area can afford. There are a finite supply of 'pretty' locations and at the moment there is big pool of people who want to retire to the country. So the young and the low paid get priced out.

The places with low house prices are generally not pretty and do not have good employment opportunities. Here are some 2021 examples from a random website.

Middlesbrough, TS1, £54,978
Bradford, BD1, £58,673
Sunderland, SR1, £65,478

So if you're in the fortunate position of being able to work anywhere there's a decent internet/4G connection you could buy a couple of terraced houses in Middlesbrough and knock them together for the same price of a garden shed in London.

Just my thoughts,

Keith.

That is true but those reasons for house prices are not due to overpopulation are they ?!