Homeownership

The average price paid for a residential property in the UK, from 1997 to today. In 1997 that figure was £58,000. It now sits at around £270,000. That rise has not been steady, there was a sharp fall after the 2008 financial crisis, a pause, and then a sustained climb that shows little sign of reversing. Everything else on this board is a consequence of that line going up.