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Between 1999 and 2019, Land Registry data shows the average UK house price rose from £75,995 to £226,234, or 198%.
The industry group UK Finance estimates the average age of first-time buyers to be around 30 years old.
The report recommended that 340,000 new homes be built a year to not only cope with current demand but to tackle the backlog, too.
Yet in 2017/18, England housing stock increased by just 2%, or 220,000 homes, government data shows. That is still well short of what is needed. The housing shortage deepens with each passing year.
EcoSpace 41 builds houses in just 41 days, up to 40% cheaper and are more energy
efficient than conventional homes.