Rising Damp
October 11th, 2007
Posted by Cptn
Back in the 1997 when we were all listening to Candle In The Wind redux, the average house in the South West could be bought for £60,000, now it’s £178,500. The average wage was £15,873, whereas the the average wage has risen Ohh Ahh Just A Little Bit to £22,453 (yeah, right!).
That’s a house price rise of 198 per cent and a pay rise of 41.5 per cent over the past 10 years.
Nigel Costley, TUC regional secretary, told us here at the PRSD that: ‘These stark figures bring alive the housing crisis. They show just how quickly buying your own home has gone out of the reach of many working people. These figures show just how much housing has become an engine of inequality. If you are lucky enough to own your own home you have got that bit richer every day than those that do not.
‘We desperately need more quality affordable homes to rent and to buy. Trade unions stand ready to back new housing policies that provide quality homes in proper communities that respect the environment, but if we are to build enough homes local councils, the Regional Assembly and ministers will need to take tough decisions.’
Random Posts:
If you liked this story, you could buy us a coffeeEntry Filed under: Society
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
Trackback this post | Subscribe to the comments via RSS Feed