Want to buy a home in UK? You need to earn £54,000 on average
by Rupert Jones from Economics | The Guardian on (#4J1GF)
Zoopla finds London buyers must be paid 84,000 while Liverpool requires 26,000
First-time buyers now need an average income of 54,000 to purchase a typical property in a UK city, but the priciest locations have become a little more affordable, according to the latest data.
This average income required has risen by 9% since 2016, when it was 49,900, largely down to higher house prices, said the property website Zoopla.
Related: Brokenshire criticised for suggesting first-time buyers dip into pension
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