Postwar homeowners should acknowledge their good fortune | Letters (opens in new tab)

Michael Pyke says those sitting on piles of unearned wealth should be willing to help out a less fortunate generation Your correspondent asserts that the increase in the value of his house since he bought it “just about covers all associated costs over that time” (). If that is true he has been remarkably unlucky. A house bought in 1965 for £3,500 would now be worth around £87,500 had its value simply kept pace with the rate of inflation, rather than its current market value of £350,000. A ho...