800grand_For_A_Cardboard_Box

800grand For A Cardboard Box Rising house prices I have chosen to do my project on the property boom that has shook the UK in the past 5 years. Some people may not believe this is an issue, but with the average house price now standing at £169, 300, a rise of 91% in 5 years, its an issue most chose to ignore. How my generation are supposed to own their own property is the question this project will look at. With the average 27 year old earning less then 20 thousand a year, it seems an impossibility. An under 25, earns, on average less then 15 thousand,, this makes buying a house even more statistically remote, pricing us out of all but 3 of England’s 388 council areas. We would need a mortgage of almost 6 and a half times our salary for our first home and this could be hampered even more by student debts. The average graduate debt is close to £10,000. Teachers and nurses are particularly in danger of being priced out of this market. Anna O’Raw has been a primary school teacher for 3 years and currently earns £19, 000 a year. In the area of London where she lives, a 2 years, house, people, average, year, market, housing, home, thousand, think, teachers, question, property, project, prices, price, homeless, government, even, ago, workers, without, times, sold, seem, rates, own, out, one, nurses, much, mortgage, means, loans, levels, less