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The Independent UK

Alicja Hagopian

Homes now ‘unaffordable’ for most people – even for some of the highest earners

England London Ben Twomey Rachel Reeves Steve Reed Mab

Houses are unaffordable for even the highest earners in England, new data shows, highlighting the challenge Labour faces in its push to boost housing.

Figures from the Office for National Statistics (ONS) for 2024 show that buying a home was unaffordable – with the average house price over five times higher than the average salary – for 90 per cent of earners in England.

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