We had this graph knocking around from when we first started up, being that we just found it again we thought we might share it with you all.

Apart from the obvious gap between the average wage and the price of a house, we have also highlighted key dates that affected the market, or in most cases didn’t! If we overlaid the stock market and interest rates on top of this graph you would be able to see where housing became a currency instead of a home. It seems insane that prices have been rising despite all those knocks but we’ll leave you to draw your own conclusions on that. One thing is for sure, not one prime minister put the brakes on it and the current one is fuelling it more, where as from Churchill to Wilson things seemed very under control and reasonable.

generation rent - House prices