If food prices had risen at the same rate as house prices over the last 40 years, a chicken would cost £51.18.
Four pints of milk would be £10.45, and a loaf of bread would set you back £4.36.
We wouldn’t accept this with food. So why accept it with housing?
Unless something changes, a generation will struggle to afford a home of their own.
Millions of people are struggling with the increased cost of living. Many are trapped in a cycle of unstable renting. Rising rents, stagnant wages and high house prices mean that no matter how hard people work or save they struggle to afford a home of their own.
Find out more about food and house price inflation in Shelter's report. Download ‘Food for Thought’
1 YouGov for Shelter, August 2012: 59% of GB adults who don't own their own home agreed with the statement: 'I don't think I will ever be able to afford to become a homeowner in my local area'. This has risen by 18% since 2009 (50% to 59%).
*Shelter, October 2012: Housing costs force 1 in 10 back to mum and dad
© Shelter 2013
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