Young people in the UK’s rural hotspots feel priced out

The BBC reports on how the ongoing narrative we heard over the course of the pandemic was how remote working was leading people to give up city life in favour of bigger, cheaper and more rural living

For many people with desk-based jobs, there was no need to be within travelling distance of the office any more, so expensive flats in and around London and other major cities were traded in for houses in the countryside or by the sea.

However, the article notes that something we heard less about was the impact on people living in regions where property increased in popularity over lockdown.

It explains how younger buyers found that houses already had offers made on them for significantly over the asking price by people who hadn’t even viewed them yet.

Full article:

The BBC - ‘I’m praying the market might crash’: Young people in the UK’s rural hotspots feel priced out

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