Friday 22 August 2014

A baby born today will need £6.3 million to buy a one-bedroom London flat

http://www.standard.co.uk/news/london/todays-children-will-have-to-pay-6m-for-flat-in-30-years-9685455.html

22 August 2014
A baby born today will have to find £6.3 million to buy a one-bedroom London flat at the age of 34 if prices continue to rise at the current rate, according to research.
Even if they are lucky enough to have sorted out a decent deposit and a mortgage by the age of 25, the same property would still cost £3 million, online estate agent eMoov.co.uk calculated.

The current asking price for a one-bedroom ...

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