How fast have house pices gone up?
It depends how you look at it.
In the UK in 1985 a house cost 3.4 times the average wage.
In 2005 a house cost 6.1 times the average wage.
Conclusion in the last twenty years house price in the UK have not even doubled in price.
I.E gone up 3-4% a year.
http://news.bbc.co.uk/2/shared/spl/h...l/nn2page1.stm
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