Socialist Worker

Going through the roof

Issue No. 1852

A SURVEY this week by the Joseph Rowntree Foundation confirmed what millions of people know - house prices in Britain are beyond the reach of most working people. The survey, by Steve Wilcox of York University, compared prices of small houses with average incomes of working households, aged between 20 and 39, across England.

In most parts of London over 70 percent of all working households cannot afford to buy properties in the cheapest quarter of house prices. In 46 areas elsewhere those the government describes as 'key workers', such as teachers and nurses, could not afford to buy. And in 33 local authorities the average small home cost over five times average annual incomes of the working households.


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News
Sat 24 May 2003, 00:00 BST
Issue No. 1852
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