The average UK house price currently stands at \u00a3223,000, while in London it is \u00a3419,000.<\/p>\n
Presently, homebuyers require 7.9 times the average salary (\u00a327,195) to buy a property.<\/p>\n
By 2030, average UK house prices could soar almost three-fold to \u00a3600,000, while in London house prices could potentially reach \u00a31.3m.<\/p>\n
Gosling added: \u201cIf house prices keep rising at the rate we\u2019ve seen over the past few decades \u2013 and salaries can\u2019t equate \u2013 it will become extremely difficult for future generations to acquire property even with the financial help of their parents.\u201d<\/p>\n
\n<\/div>","protected":false},"excerpt":{"rendered":"
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