A typical home in London costs 10.6 times the average salary 🏡💷 New figures show that buying a home in London now costs around 10.6 times the average annual salary, highlighting the scale of the capital’s housing affordability crisis. The gap between wages and house prices means many first-time buyers are being priced out of the market, with saving for a deposit becoming increasingly difficult even for those on above-average incomes. Housing experts say the imbalance is driven by strong demand, limited supply and rising property values across the city. The data adds to growing concerns about affordability in the UK housing market, particularly in London where property prices continue to fa