[literallycancer]

Living in an apartment rather than a house is a strange definition of poverty.

[rr808]

Its common in British cities for most owners/renters to have terraced or detached housing while council houses (public housing) are in tower blocks or smaller apartment buildings.

[torginus]

I'm pretty sure anyone around there who owns his apartment does not fit the definition of poor - in fact most of the so-called rich would take more than a decade of saving up just so that they could own the same property.

The great tragedy of Europe is that asset wealth has far outpaced the earnings potential of the population.

[harry_ord]

A lot of older council apartments in the UK seem to be a bit grim. There's some skepticism against apartment blocks and a lot of newer ones seem to have odd pricing.

I live in a nice apartment in Austria but I'd be a lot more critical looking for one to live in the UK.

[zimpenfish]

> A lot of older council apartments in the UK seem to be a bit grim.

Living on a 1960s council estate (in a non-council apartment) with several low-rise blocks and some high-rise, yeah, it's mildly grim.

[Chris2048]

> a lot of newer ones seem to have odd pricing.

as in, they cost as much as freeholds, despite being leaseholds, That scam has yet to become apparent, but I'm sure it will eventually.

Also, the liability of having to depend on a management company, and rising fees..

[sabbaticaldev]

some people don’t know poverty and equate not being rich to being poor