Re: up to a 20 per cent pay cut overnight... For many, the cost of their current mortgage
"AC you seem to have fallen into the old myth that because someone else has a mortgage there at fault for the lack of available properties ... There are plenty of reason why your kids are paying 50% of their income in rent, but a contractor owning a house isn't one of them..."
Their post clearly was "a lot of people pay c.50% of their income on housing, so if you're only paying 20%, you're well off, and I struggle to feel sorry for you", rather than "there are no houses because contractors bought them all as holiday homes/to build their property empire".