{"componentChunkName":"component---src-templates-post-js","path":"/least-affordable-city-revealed/","result":{"data":{"ghostPost":{"id":"Ghost__Post__611389236e4273003be1e145","title":"Least affordable city revealed","slug":"least-affordable-city-revealed","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/08/505.png","excerpt":"Plus: 1.8m new day traders, Deliveroo orders double, new cosy home grant?","custom_excerpt":"Plus: 1.8m new day traders, Deliveroo orders double, new cosy home grant?","created_at_pretty":"11 August, 2021","published_at_pretty":"11 August, 2021","updated_at_pretty":"11 August, 2021","created_at":"2021-08-11T08:24:03.000+00:00","published_at":"2021-08-11T08:37:33.000+00:00","updated_at":"2021-08-11T08:48:02.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"},{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"}],"plaintext":"Priciest place to buy\nThe city of Winchester is the least affordable place to buy a home\n[https://www.bbc.co.uk/news/business-58162371] in the UK, according to mortgage\nlender Halifax. Average property prices are 14 times higher than the average\nsalary, beating London where prices are 11x salaries. The research also shows\nthat house price growth continues to outstrip wage growth. UK-wide, house prices\nare 8.1x average earnings, up from 5.6x a decade ago.\n\nDay trading craze\n1.8 million adults have taken up day trading\n[https://www.cityam.com/exclusive-1-8m-uk-adults-have-become-day-traders-during-the-pandemic/] \nduring the pandemic, with 50% claiming they’ve made money from their exploits. A\nnew survey from GraniteShares suggests people had more time on their hands to\nlook into stocks and digital currencies, while the GameStop saga put trading on\nthe front pages. One fifth of those surveyed said they’re trading in order to\nsave for a home deposit.\n\nDeliveroo doubles\nTakeaway favourite Deliveroo saw its revenues jump 82%\n[https://www.cityam.com/lockdown-favourite-deliveroo-revenue-nears-1bn-as-orders-doubled/] \nin the first half of 2021. Its orders have doubled since last year, taking its\nannual revenues close to £1 billion. The food delivery company says people are\ncontinuing their takeaway habits even as lockdown restrictions have eased.\n\nCosy home scheme?\nLast year’s “cosy home” scheme could be making a comeback\n[https://inews.co.uk/news/green-homes-grant-kwasi-kwarteng-boilers-insulation-climate-double-glazing-1142919] \nunder housing minister Kwasi Kwarteng. Officially called the Green Homes Grants,\nthe scheme offered homeowners a £5,000 voucher to improve insulation or install\nefficient new heating systems, but it was axed after 6 months. Now a new version\ncould be on the cards to try and reduce carbon emissions from heating our homes.","html":"

Priciest place to buy

The city of Winchester is the least affordable place to buy a home in the UK, according to mortgage lender Halifax. Average property prices are 14 times higher than the average salary, beating London where prices are 11x salaries. The research also shows that house price growth continues to outstrip wage growth. UK-wide, house prices are 8.1x average earnings, up from 5.6x a decade ago.

Day trading craze

1.8 million adults have taken up day trading during the pandemic, with 50% claiming they’ve made money from their exploits. A new survey from GraniteShares suggests people had more time on their hands to look into stocks and digital currencies, while the GameStop saga put trading on the front pages. One fifth of those surveyed said they’re trading in order to save for a home deposit.

Deliveroo doubles

Takeaway favourite Deliveroo saw its revenues jump 82% in the first half of 2021. Its orders have doubled since last year, taking its annual revenues close to £1 billion. The food delivery company says people are continuing their takeaway habits even as lockdown restrictions have eased.

Cosy home scheme?

Last year’s “cosy home” scheme could be making a comeback under housing minister Kwasi Kwarteng. Officially called the Green Homes Grants, the scheme offered homeowners a £5,000 voucher to improve insulation or install efficient new heating systems, but it was axed after 6 months. Now a new version could be on the cards to try and reduce carbon emissions from heating our homes.

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