According to the BBC the rate of rise of house prices has dropped to 5.4%.
Oh. How. Terrible.
How? Will? Home? Owners? Ever? Survive?
Come on! Average house price rise in 2004 was 17%. How much did the average salary go up by? 2%, if that?
[This entry was previously published on Livejournal_uk. The comments recieved do give an interesting insight into how much of an issue the lack of affordable housing is is.]