Median income is £22k.
What has happened is that people are renting, sharing, or both. Or they're not leaving home at all. We have an entire generation of people under thirty who have almost no prospect at all of owning a house - especially in London.
you are the media you consume.
Also a lot of property was bought on "buy to let" mortgages (pay off interest only) which catastrophically distorted the market.Plus people are beggaring themselves to get on the housing ladder. keep to the Fen Causeway
Welcome to the club. See this and that. En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma