[Kizzy]

Originally Posted by jaxie

I was just going to say that about the missing the point! But I think the point being missed is that 380000 is more or less the same as an earlier generations 38000 when you take into consideration cost of living and wages at the time.

I can remember an older cousin buying a house in the 80s and struggling to get proof of earnings including overtime of about 9k to get a mortgage on a one bedroom place for around 25k.

Eh?.... we're going back to 1990 not 1890 :/ Wages aren't that dramatically different.

But thanks, you've kind of proved my point, the £25k house your cousin wanted was just over 2 and a half times her income... if you equate that to the £380k flat who is earning £150k per annum to pay for that? :/