How Homes Have Got Less – And More – Affordable Since The Financial Crisis

Ten years ago, the financial crisis upended the housing market. Prices went into freefall, and many areas of the country have still not recovered – while others have seen prices soar. In the intervening years the gap between the least and most affordable areas of Britain has almost doubled, according to new research by the Yorkshire Building Society. Perhaps more surprisingly, homes in 54pc of local authorities in Britain are now more affordable than they were in 2007. This is despite the fact that the average house price in Britain has risen 21pc in the same period. Read more on the Daily Telegraph website.