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Why buying a house in the UK… is actually getting (slightly) easier | BBC News

Buying your first house in the UK right now might seem like a distant dream to many. Today’s prospective first time buyers may well feel hard done by; they are still worse off than recent generations. If you were born in the mid-1990s you’ve about a 25% chance of owning your own home. But for twentysomethings in the 1990s were almost twice (47%) as likely to be on the housing ladder. But is it getting a bit easier to get onto the housing ladder? BBC Deputy Economics Editor Dharshini David has been looking into how it got so hard to get onto the property ladder and how house prices - compared to average income in England and Wales - have come down in recent years. 00:31 - 01:13 Are you less likely to own a house than your parents generation? 01:13 - 01:58 How have house prices compared to average household income changed over time? 01:58 - 03:11 Why have house prices increased? 03:11 - 05:19 Why has it got more expensive to build a house? 05:19 - 06:07 How was planning impacted house prices? 06:07 - 07:40 Has saving for a deposit got harder? 07:40 - 08:34 Is it getting easier to buy a house? 08:34 - 09:14 What could the Victorians teach us about making houses more affordable? Subscribe to our channel here: https://bbc.in/bbcnews For the latest news download the BBC News app or visit BBC.com/news #HousePrices #HousingLadder #FirstTimeBuyer #BuyingAHouse #BBCNews

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