City living is at its least affordable levels for home
buyers since 2007, a report suggests. The average house price in a UK city in
2018 equated to 7.2 times average annual earnings – making the cost of buying a
home the least affordable since 2007 when buyers had to fork out 7.5 times
their income typically, Lloyds Bank found. The average home in a city cost
£248,233 while average full-time earnings stood at £34,366. Lloyds found seven
cities where the average house price tops 10 times earnings -Oxford,
Chichester, Winchester, Truro, London, Bath and Cambridge. Read more on the
Belfast Telegraph website.
An embattled Karen Bass is fighting tooth and nail to keep her mayorship in
LA. It might be too late
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With affordability a major election issue, the incumbent is trying to ward
off her democratic socialist challenger
At the end of 2022, the four largest U...
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