Halifax have published a great little fact sheet on some key housing trends over the last 50 years. The most dramatic is that the cost of buying a home has risen 273% above incomes over that period, with the sharpest rise during the 2000s when they rose by 63%.
This is the increasing cost of housing [...]
Posts Tagged ‘affordability’
20 Jan
The cost of housing doubles in London
22 Dec
God bless you, lucky home owners
You don’t often see national newspapers celebrating a drop in house prices, despite the fact that they rose twice as fast as average incomes in the past decade. It’s much like the coverage of any strike that might affect a journalist’s holidays plans.
Most journalists and commentators are wealthy middle class home owners, so they are [...]
14 Oct
Getting a home we can afford
Dave Hill writes in his Guardian blog about Boris Johnson’s housing plans for London. What could be more important to Londoners than housing that is affordable for all, of a decent quality, energy efficient and in the place they want to live? He has done great work on this topic, but he misses some basic [...]
