this post was submitted on 04 Nov 2023
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[–] MrIamsosmrt@feddit.de 1 points 1 year ago (1 children)

I'm not saying that there isn't a housing crisis but that article is a huge pile of BS.

I'm not familiar with Paris but I doubt there are a lot of furnished studio apartments compared to ones without furniture so the 6 months seems like cherry picked data.

Also the part where they talk about rent prices compared to median income is just wrong:

In London, the average rent for a one-bedroom flat in the city centre is now nearly €2,500 per month. The sum is more than three times the median monthly wage in the UK.

So you're telling me the median monthly wage in the uk is ~800€, yeah right...

The same thing is happening in Amsterdam, with the average rent being over €1,500 per month, more than two times the median wage in the Netherlands.

Oh and in the Netherlands it's less than 750€?

A quick google search tells me that the median wage in the uk is ~2600€ and for the netherlands I couldn't find a value for the median wage but the average in 2022 according to statista is >4000€ a month.

[–] tal 4 points 1 year ago* (last edited 1 year ago)

So you're telling me the median monthly wage in the uk is ~800€, yeah right...

Yeah, I don't live in the UK, but that cannot be right. Maybe the author confused disposable income or per capita income with income or something like that.

https://www.statista.com/statistics/1224824/median-monthly-pay-of-employees-uk/

That has it at maybe £2300 per month.

Also, as a lesser note, they should really be comparing wages in London to housing costs in London, not wages in the UK as a whole to housing costs in London.