Mission impossible

In 1965 I was a fireman earning £1,000 a year and I bought a house for £3,500 with a mortgage of three times my salary. Today that very ordinary property is valued at £650,000, so a buyer would need a £50,000 deposit and an income of £200,000 a year. This shows how utterly impossible the situation is for young people. John Searle, Grantham