Lower earners in England ‘need 13 times income to buy an average-priced home’
A lower-wage household in England would need 13 times their income to buy an average-priced home, according to Office for National Statistics (ONS) analysis. The ONS looked at ratios of house prices to annual disposable household incomes in 2024. The report, which identified those on lower incomes as being at the point of the lowest…