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The Guardian: "House prices rise three times faster than wages over a decade"

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"In 2001 the average price of a home in England was £121,769, and the average salary was £16,557.

"In 2011 the price of the average home was £236,518 – an increase of 94% – while wages had risen by just 29% to £21,330, the National Housing Federation said.

"The disparity is even greater in some areas. ... In Watford, the average house price is up 76% to £246,455, while the average salary has fallen by 13% to £15,272."

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