“… In the early 1990’s, low and middle-income workers needed to save 5% of their wages for three years to build a deposit for a first-time property. Today they need 24 years of such savings. …

… Survey evidence suggests over half of first-time buyers in 2015 had to rely on financial assistance from their parents, rising to two-thirds in London and the South-East. The UK housing market is giving capitalism a bad name. We are no longer a progressive, meitocratic society”. ...

Liam Halligan, today’s Sunday Telegraph, article: “No amount of EU hysteria can bury our housing crisis”, page 4, Business section