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October 5, 2007

A familiar story

The Times -- the one in London -- reports tomorrow (in the sense that it's already Saturday there) that home prices are out of sight in popular parts of the country:
Half of young workers are priced out of home ownership because the house price boom has pushed even modest properties out of their reach in hotspots in London and the South West of England.

The affordability study, done by Hometrack, can be found here.

Posted by Jamie Smith Hopkins at 9:47 PM | | Comments (0)
        

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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