It is in the article I quotedCan we have that without London and other stupidly expensive areas please.
Then the figure would be much lower.
“Average” means uk average Notch
Let me help you by quoting the relevant bit:
“Things get more affordable as you move further north. The Midlands cluster around 7.5-times average earnings, while the North West and Yorkshire, alongside Wales, are on around 6.5-times.
In Scotland, the average house costs around 5.5-times average earnings, the lowest of the major British regions”
So still considerably less affordable now
Also backed up by lowering home ownership rates:
“There had been a “substantial fall” in home ownership among young adults since 1997. The IFS said 35% of 25- to 34-year-olds in 2017 were homeowners, a decrease from 55% in 1997”
NWGS, why do you lack the ability to research facts and evidence?