In England and Wales the median house price was 3.5 times median pre-tax earnings in 1997 By 2007 this had increased to 7.1, then the crash happened. It had bo

In England and Wales the median house price was 3.5 times median pre-tax earnings in 1997 By 2007 this had increased to 7.1, then the crash happened. It had bounced back to 7.7 by 2020 and it's well over 8, maybe 8.5 today. A US house is of course far larger. An average European house is about 1000 square foot. An average American bathroom is about that size* * slight hyperbole