First-time house buyers in London will need a £106,000 salary by 2020

Unfortunately we’ve got more bad news on the housing front. If you’re an optimistic and ambitious 20-30 year old who’s sick of renting, we’ve got a report that might be a category five monsoon on your parade. Enough sugar-coating, if you’re looking to buy your first property in London, you’re going to need a £100,000 salary by 2020.

Bear in mind 2020 is only four years away. Isn’t that horrible to think about? As the BBC