THE WEEKLY ROUND UP

Se­lected snip­pets from the world of prop­erty

The Daily Telegraph - Property - - Cover Story -

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

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