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U.K. house prices are so that a of British people will never buy their own . A report from the Halifax Bank said home and getting on the property was no longer an achievable for many Britons. A fifth of twentysomethings have no to buy. The report suggested the to own a home is being replaced by the idea to live in one. It added: "It seems that people are now beginning to accept a of renting."

Britain's Office for National Statistics said U.K. house rose by 10.5% last year, with London prices going up by 18%. It said there were " train" house prices. The house was valued at $425,000 and at $610,000 in London. The warned of long-term social because of the and have-nots. It said without first-time , "the market will come to a ". If this happens, prices will come down.