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Davriellelouna @lemmy.world

4d ago

Average UK house price rises to record £299,331, says Halifax

www.theguardian.com

Average UK house price rises to record £299,331, says Halifax

14 comments

How much were houses in the 1980s, adjusted for inflation? I want to be sad, you see.
- The average in 1980 was £19,273. In today's money that is £105K. So prices have effectively tripled in one generation.
  
  While pay has also functionally gone down.
  
  That's so depressing. I could afford that. The amounts for places worth having near me are high enough that it's just not on the cards.
Only £300,000?
Shit, I should move to the UK.
- Yeah but then you have to deal with the stupidity of the UK government. Which is currently trying to out perform Florida for dumbest politician of the year.
  The race is close!
- are houses normally around £500,000 in california?
- The average house in the US costs just under $400K, which is £295K. So they are basically the same price.
  
  I only wish that was the case in my area. The average price for a house in my state is $660,000.
- If you live in a "less desirable area" you can still get a house for less than £100,000 in some places in the UK. You might find yourself with limited job opportunities or a long commute, or poor local facilities though.
  
  Yep, bought for £230k in a town in the south coast.

14 comments