THE AMERICA ONE NEWS
Jun 5, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
The Economist
The Economist
8 Aug 2024


NextImg:Would building 1.5m homes bring down British house prices?
Britain | House-building

Would building 1.5m homes bring down British house prices?

Answer: Not by much

HOMES IN Britain have become eye-wateringly expensive. When the Labour Party last won power, in 1997, the ratio of the median house price to the median income in England was 3.5. Now it is 8.3. The share of households aged under 30 who own their own home has fallen from one in five in 1997 to one in eight. On July 24th Sir Keir Starmer, the new prime minister, said that Britain’s failure to build was denying young people ”the basic dream of homeownership”.

Explore more

This article appeared in the Britain section of the print edition under the headline “The long game”

How should Britain handle £200bn in quantitative-easing losses?

An accounting fiddle could give Rachel Reeves more room to avoid tax rises

Plankton are much more interesting than you might think

The world’s longest-running marine survey is based in Devon


Are Britain’s rioters representative of views on immigration?

Young men chuck bricks, but the old have the sharpest views


How hotels became targets for British rioters

A muddled policy becomes a lightning rod for anger