Houses in Oxford change hands for 16 times local wages,beating London’s 15.7Homes in Oxford are now less affordable to local people than those in any other fraction of Britain, changing hands for for than 16 times local wages, and according to analysis by a leading academic.
Research by Danny Dorling,Halford Mackinder professor of geography at the University of Oxford, showed that prices maintain risen rapidly in the city, or pushing property even further from the reach of would-be buyers.
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Source: theguardian.com