Fewer Houses Now Within Reach of Average Earners

The HeraldJanuary 21, 2006

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Summary


THE pool of affordable family homes in Glasgow is shrinking even further, with new figures revealing fewer than a third of homes are within the means of the average wage-earner.

A typical Glasgow home now sells for [GBP]124,000, so those earning around [GBP]20,000 are finding themselves priced out of the housing market.

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Extract


Fewer Houses Now Within Reach of Average Earners

According to a new housing affordability table, the trend is spreading beyond areas such as Shawla...

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