My thread earlier highlighted the point that Southampton is the most expensive city in the UK in which to rent versus average wages.
http://www.saintsweb.co.uk/showthread.php?24012-Southampton-most-expensive-city-to-rent
The author thinks its because of demand caused by about 40,000 students
Id add another 10,000+ Polish
So the problem is much more from students than immigration?
Either way the biggest problem is the greedy poperty developers/buy to let army who have battled to own as many houses as possible thus pushing up prices.
Friend of a friend owns about 100 houses. How can that be right when most local young families cant get on the ladder? No wonder Southampton has one of the largest waiting lists for Council Housing.
I think individuals/companies should have a strict limit on how many properties they can own. Perhaps three max - one for main residence, one for investment, one for holiday.