Home ownership hasn’t always been a national obsession. a century ago , three (quarter ) of the United Kingdom rent the place they lived . Now ,only about a third of country’s households are renting . Those that are have serious disadvantage if they ever hope to own. This graph shows the relationship between private rentals ) and home ownership in London . When Thatcher toke office, private renter were declining steadily . While home ownership with a mortgage was on the rise ,
By the end of her time in 1990 ,this change dramatically .private rental rose , while those owning homes with a mortgage dwindled ,more than (30 ) years later for the first time in decades .There were more London households private renting that owning a home with a mortgage .
In London ,the average house price in 1980s ,was something like three or four times ,the average salary ,but now in London ,it’s something likes thirteen times ,the average salary
mortgage 抵押 按揭
dwindled 减少的
declining 越来越少的
steadily 逐渐的 稳步的
obsession 困扰