THE WEEKLY ROUND UP
Selected snippets from the world of property
MILLENNIALS PAY THREE TIMES MORE FOR HOMES
The average share of income that Britain’s families spend on housing has trebled over the past 50 years, with young people having to make do with longer commutes and smaller rented homes.
This is according to the Resolution Foundation, which found that while the pre-war generation spent seven per cent of their income on their home, those born between 1981 and 2000 currently spend almost a quarter of their income on housing.
HEIGH-HO, HEIGH-HO, IT’S OFF TO HOME WE GO
Are you grumpy, happy, sleepy or bashful? Or do you identify more with a beautiful princess? This four-bedroom home could be right for you. It matches the house from the 1937 Disney film Snow White and the Seven Dwarfs. Built in 1982, the whimsical property has pointy sloped roofs, handcarvedc beams, stones fireplaces and tree trunks inside – although it is suitable for a family of humans. The house, in Washington State in the US, is on the market for $775,000 (£572,000).
LONDON’S NEW VERSACE SKYSCRAPER UNVEILED
The tower, in Nine Elms, comes complete with a playroom high above the city that has a bright yellow slide in the middle of the room. Flats at AYKON London One have been quietly launched to the market, and a onebedroom apartment will set you back £1.1million with Portico. They come with access to a swimming pool, winter gardens and, perhaps most importantly, thet whole tower is decked out in Versace’s signature interior design, which includes gold kitchens. Even the punching bag in the gym is kitted out in Versace fabric.
BRITONS MOVE HOME EVERY 23 YEARS
That’s up from every nine years in 1988, according to Zoopla. The quickest turnover of homes is in Midlothian, with an average of 14.9 years, rising to 38 years in Kensington and Chelsea.
Slide into fun: the Versace tower