Builders are making thumping profits by over-charging for new homes – new findings
- Written by Simon Roberts, Honorary Professor in the Department of Mechanical and Aerospace Engineering, Brunel University London
Fables of the construction. Pirhani/ShutterstockWelcome to the UK, where affordable housing can often feel like an oxymoron. The average national house price is £294,000, but someone earning the average annual salary of £33,000 can expect to borrow no more than £140,000, leaving a considerable shortfall. The typical first-time...
