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Nationwide: Despite Wage Increases, Average Earners Still Struggle with Unaffordable House Prices

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July 1, 2024
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Nationwide, the UK’s largest building society, has reported that average house prices are still out of reach for the typical earner. Despite recent wage increases and a decrease in house prices from their record high in summer 2022, the affordability of housing remains stretched. According to Nationwide’s house price index, a greater proportion of take-home pay is now going towards mortgage…

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