James Yucel
@JamesInCity
Housing markets, stories and stats | ๐ฌ๐ง๐น๐ท
ID:1335405887511531520
http://instagram.com/jamesyucel 06-12-2020 02:09:27
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Perhaps Tom Harris ๐ฌ๐ง๐ฎ๐ฑ should look at some stats:
1. The average house price in the 80s was 3x the average salary - it's now 9x.
2. Rent now takes up 46% of household income in London - up from 15% in the 80s.
3. The last time house prices were this expensive vs earnings was 1876
NEW: MP's campaign to slow down housebuilding pulled apart
I don't think you appreciate the gravity of this housing crisis Maria_Miller - so let me tell you:
The average house price in the 1980s was 3x the average salary.
It's now 9x...
basingstokegazette.co.uk/news/24215053.โฆ