[nly]

Median house prices in the UK are 8x median incomes. Banks will lend you something like 4-5x income on a mortgage.

Low interest rates aren't helping most people, they're hurting by pushing up house prices. Only those with significant capital for a deposit benefit.

[chrisseaton]

> Median house prices in the UK are 8x median incomes. Banks will lend you something like 4-5x income on a mortgage.

Most people buy as a couple, so this is achievable.

[nly]

Until 1 parent stops working (entirely or goes part time) to help raise the kids

[rory]

Yes, sorry, I was referring to the USA specifically. The real estate speculation problem is a lot worse in other Anglosphere countries (UK, Canada, Australia). Outside California, US prices are still somewhat reasonable compared to incomes.