Fewer than two in every 10 homes for sale in England are
affordable for working families on average wages. And in some areas, would-be
buyers are priced out completely, even if they can raise a sizeable deposit,
according to figures from Shelter that underline the extent of the housing
crisis.
Rocketing house prices in some regions, combined with
stagnant wage growth, have combined to push homes out of the reach of buyers,
so much so that in more than half the country fewer than one in 10 of the
suitable homes on the market was affordable to families who could put a typical
18% deposit towards their purchase. The latest figures from the Office for
National Statistics put the average price of a home in England at £271,000,
although the headline figure disguises big regional differences. Read more on
the Shelter website.
No comments:
Post a Comment