Showing posts with label Politics for All. Show all posts
Showing posts with label Politics for All. Show all posts

Wednesday, March 24, 2021

UK average house prices / Average yearly salary

While I cannot find the exact ONS link on this "Politics for All" tweet it seems about right. The complete and utter unaffordability of housing in the UK is just a national disgrace and a betrayal of our young people.

How on earth can they pay around 10 times their annual income to buy a home? I just despair at what the London ratio must be.

1960: £2200 / £500 
1970: £4300 / £850 
1980: £22,000 / £4000 
1990: £60,000 / £9000 
2000: £78,000 / £15,600 
2010: £162,000 / £21,000 
2020: £230,000 / £28,500 
Today: £250,000 / £29,800 

Via @ONS