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In this brief interview, Speaker A asks whether the average person in England can realistically purchase a home, especially young adults. Speaker B answers that a 23‑year‑old will almost always need substantial financial help from parents (“the bank of mum and dad”). He cites current UK housing data: the average house costs about £300,000, while the average annual salary is just over £30,000, meaning a home costs roughly ten times a typical yearly income. He notes that house prices have risen sharply since around 2020, whereas wages have not kept pace, further widening the affordability gap for younger buyers.
