The only way for young people in London to buy a house is to go deeper in debt for a long, long time — Quartz

Young people in London already know their prospects of buying a place in the city are dim. The average price of a home in the capital is £489,000 ($601,000), which is roughly 14 times the average annual wage in the city. But don’t despair, there is still a way to get on the property ladder…

via The only way for young people in London to buy a house is to go deeper in debt for a long, long time — Quartz

Save

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s