It's official - we're all twice as wealthy as we were in the year 2000. The Halifax has looked at house price performance over the last decade and despite a few blips, house prices actually increased more in real terms (adjusted for inflation) than in any other decade over the last half-century.
House prices are now up by 105% from 2000 to the end of last year, bringing the average house price from a modest £81,596 to £167,020. Wow!
Maybe we should all stop moaning about the so-called property recession and pat ourselves on the back instead for an investment well made.
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