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Going through the roof

This article is over 18 years, 7 months old
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.
Issue 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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