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Last Updated: Wednesday, 22 June, 2005, 07:00 GMT 08:00 UK
Family home 'a thing of the past'
About three quarters of Londoners think an average-sized three-bedroom family home is out of their financial reach, a study by charity Shelter found.

The survey of 2,000 people showed 76% of people living in the UK capital thought it would be out of their price range, compared to 61% nationally.

A quarter of Londoners said they would move to an area where property cost less if their family grew.

Only in northern Scotland did 51% think they could afford a house of that size.

Shelter Director Adam Sampson said: "Londoners are bearing the brunt of Britain's affordability crisis.

"The capital's property escalator means the average three bedroom home - the heart of family life - is now a thing of the past for people on a normal income.

"And it's children who are hit hardest, by being forced to leave their school behind and start their education afresh in a new area where their family can afford to live."




SEE ALSO:
Property slide 'may hit spending'
20 Jun 05 |  Business
Nurses 'quitting to buy houses'
19 Jun 05 |  Health
Housing 'crash' looking remote
10 Jun 05 |  Business


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