{"id":138519,"date":"2023-07-28T12:00:03","date_gmt":"2023-07-28T05:00:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-uk-house-prices-left-the-middle-class-behind\/"},"modified":"2023-07-28T12:20:21","modified_gmt":"2023-07-28T05:20:21","slug":"how-uk-house-prices-left-the-middle-class-behind","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-uk-house-prices-left-the-middle-class-behind\/","title":{"rendered":"How UK house prices left the middle class behind"},"content":{"rendered":"


\nNew data confirms that unaffordability is entrenched, with almost all housing now the preserve of the richThat buying a property \u2013 any property \u2013 in the UK is increasingly the preserve of the rich will come as no surprise to low-income households.But official data shows that the middle classes are increasingly squeezed, with only the cheapest 10% of houses now affordable (no more than five times a household\u2019s income according to the Office for National Statistics) to middle-income England. Continue reading…
\n
\nSource : theguardian.com
\nRead more…How UK house prices left the middle class behind<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New data confirms that unaffordability is entrenched, with almost all housing now the preserve of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-138519","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-A2b","jetpack-related-posts":[{"id":148772,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-low-to-middle-income-families-far-poorer-than-oecd-counterparts-study\/","url_meta":{"origin":138519,"position":0},"title":"UK low- to middle-income families far poorer than OECD counterparts \u2013 study","date":"January 13, 2025","format":false,"excerpt":"\r Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European averageLow- to middle-income families in Britain are far poorer than their counterparts in western Europe because of sky-high housing costs, according to an analysis by the Resolution Foundation.The thinktank said that while prices\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-buyers-need-to-save-for-up-to-24-years-to-get-on-housing-ladder\/","url_meta":{"origin":138519,"position":1},"title":"UK buyers need to save for up to 24 years to get on housing ladder","date":"December 20, 2015","format":false,"excerpt":"\r Resolution Foundation research shows it can now take almost a quarter of a century for UK households to accumulate a big enough depositHomebuyers now have to save for up to 24 years to set aside a deposit large enough to buy them a foot on Britain\u2019s housing ladder, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75645,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-middle-class-who-got-rich-on-peps-and-isas-letters\/","url_meta":{"origin":138519,"position":2},"title":"The middle class who got rich on Peps and Isas | Letters","date":"January 3, 2018","format":false,"excerpt":"\r Anyone who has taken up the Pep and then the Isa every year from 1988 will have accumulated a completely tax-free investment portfolio of \u00a3508,000, writes Tom BrownYour year-end editorial exploring the iniquities of a society increasingly characterised by a growing new class of rentiers is timely (Redistribute the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39065,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-many-middle-income-families-in-beijing-are-moving-underground\/","url_meta":{"origin":138519,"position":3},"title":"Why many middle-income families in Beijing are moving underground","date":"December 27, 2016","format":false,"excerpt":"\r The only way is down Passengers crowd a subway station on National Day, Oct. 4, 2013 in Beijing, China. testing \/ Shutterstock.com Better-known for accommodating\u00a0migrant workers, Beijing\u2019s underground apartments are becoming increasingly popular among mid-market home-seekers looking to overcome soaring property prices in areas close to the Chinese capital\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-jump-despite-impact-of-middle-east-conflict\/","url_meta":{"origin":138519,"position":4},"title":"UK house prices jump despite impact of Middle East conflict","date":"May 1, 2026","format":false,"excerpt":"\r Rise of 3% in April, the fastest annual pace in 11 months, leaves typical property worth \u00a3278,880, says NationwideBusiness live \u2013 latest updatesHouse price growth in the UK has surprised estate agents and economists by jumping in April at the fastest annual pace in 11 months, according to Nationwide.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79210,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-again-as-household-income-squeezed\/","url_meta":{"origin":138519,"position":5},"title":"UK house prices fall again as household income squeezed","date":"February 7, 2018","format":false,"excerpt":"\r Average price of a home in Britain drops 0.6% in January to \u00a3223,285, says HalifaxUK house prices fell for a second consecutive month in January as consumers struggling with shrinking disposable income put major spending decisions on hold.The average price of a home in Britain fell 0.6% last month\u2026","rel":"","context":"In "Property 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