House prices are crumbling - and so is Britain's faith in property ownership | John Har... - 0 views
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one of the most absurd features of modern Britain is that “we’re not building houses in a housing crisis”
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The average British home now costs about nine times average earnings: one estimate I recently read reckoned that the last time UK houses were this expensive was in 1876.
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Across England, between 2021 and 2022, 21,600 social homes were either sold or demolished, but only 7,500 were built.
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