News analysis

House prices are beyond many young people – something needs to be done

Last year was a dire one for the UK economy, but one part of it grew enormously: the housing market.

Average prices jumped £27,000 in a year, just shy of the UK median income of £29,900.

The good news – for some – is that if you own property you’ve just had another unearned windfall.If you’ve got lots of properties you’ve done particularly well.

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