> Not as huge as it is today though, that's the point. 40 years ago a
> young couple with decent jobs had an annual salary about what a small
> house costs. Today a young couple with decent jobs are earning about a
> factor of 5 lower than what a small house costs.

This is what amuses me about the number of new houses being built right 
now. You can build as many houses as you like, but if nobody can afford 
them, what's the point?

>> From what I've seen, renting is drastically more expensive. If I want
>> to borrow £100k, that's £600/month. If I want to rent somewhere, prices
>> start at £800/month or so.
>
> £800/month to rent a place that costs only £100k seems very steep to me.
> The house I rented for £700/month would have sold for about £180k
> (costing me about £1000/month in mortgage).

Why do you think I'm not renting? ;-)

>> You forget that for the last 10 years, my salary has remained almost
>> totally static.
>
> That's not normal though...

It is if you work for a failing company.

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