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Why the Tories are tearing themselves apart over housing
The Story
The Price of a First Home
In 41% of places, the cost of a home now exceeds 10 times the median annual income. That was up from just 1% 20 years ago. So is that both prices going up and also wages not keeping pace? Yeah, exactly. It's lack of supply and rising demand. But we also do know there has been a stagnation of wages.
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