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The gap between average income and average housing prices changed between 1985 and 2015 from twice an average salary to up to six times average income. Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income.
After adjusting for inflation, the average cost of a home increased by a factor of 3.4 between 1950 and 2012. [58] In September 2015 the average house price was £286,000, and affordability of housing as measured by price to earnings ratio was 5.3. [59] The UK's home dwelling cost per type in July 2018 was on average: [60] Detached: £378,473
Refurbishment began in April 2020, whilst Johnson was hospitalised with COVID-19. [4] The Prime Minister receives an annual allowance of £30,000 to maintain and furnish his private residence above 11 Downing Street. Any expenses above this amount must be covered by the Prime Minister himself. [5] Johnson's renovations in 2020 cost £112,549. [6]
The programme was launched in 2002 by deputy prime minister John Prescott, [3] with the coalition government led by David Cameron ending funding in March 2011. [6]Supporters of the scheme claimed that it would " renew failing housing markets and reconnect them to regional markets", "improve neighbourhoods and" "encourage people to live and work in these areas."
The concept of home improvement, home renovation or remodeling is the process of renovating, making improvements or making additions to one's home. [1] Home improvement can consist of projects that upgrade an existing home interior (such as electrical and plumbing), exterior (masonry, concrete, siding, roofing) or other improvements to the property (i.e. garden work or garage maintenance ...
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Energy costs for the typical British household were expected to rise 80% from October 2022, from £1,971 to £3,549, [17] until Liz Truss, who was Prime Minister at the time, announced measures to limit these increases. On 23 September 2022, UK Chancellor Kwasi Kwarteng announced his mini-budget, backed by Truss, which included widespread tax ...
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