Million pound starter home by 2024

  BigRik 17:59 06 Nov 2006
Locked

Absolutely astounding.

Apparently if current trends continue, in 18 years time, the average salary will be around 146 grand while the first time buyer will need around seven times that for his/her first home. A cool million. Unbelievable.

click here for more.

Any thoughts?

  oresome 18:53 06 Nov 2006

The Stroud & Swindon Building Society should put the same warning on this research as they do on their financial products.

Past experience is no guide to the future.

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