Low income families ‘must save for 35 years to buy average London home’, official figures show
An average-priced home in London cost the equivalent of almost 35 years of disposable income for a low-earnings household, official figures reveal. The average house price in the capital was £530,000 in 2022/23, according to the Office for National Statistics. Its analysis found that this meant that the average house price was not “affordable” for … Read more