Wages need to double to keep pace with house prices

See an article by Simon Read in The Independent:

If salaries had kept pace with house price inflation in the last 15 years, you would be paid more than twice as much now.

That would mean the average wage would be more than £55,000, according to housing charity Shelter, rather than the official £25,932

See more at:

http://www.independent.co.uk/incoming/wages-need-to-double-to-keep-pace-with-house-prices-9120049.html

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