is the UK housing ladder fact or fiction.?

Getting on the housing ladder in the UK has never been harder. Home ownership peaked almost 20 years ago. Between 1961 and 2001 the proportion of owner-occupied English housing rose from just over 40% to just under 70%.
Since then it has fallen.
The ratio of house prices to earnings in Britain, according to the Office for National Statistics, is now over eight, compared to 4 between the 1950s to the 1990s.
Has the housing ladder died in the UK? If you think so and you have money to invest consider investing in Dubai.
So many really great investments in a city that just keeps growing...
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Contact me Mr Magee on [phone]

[@DimitriLanderloos]

So you dont answer the premise of your video. And instead it turns into an ad for your dubai property business... great. To actually answer your question for people. fiction. The inflation rate in the housing market eats up most of your equity so you are never really able to "trade up" to a bigger house with the equity you have built. You would need a substantial bump in pay to go alongside, where previously having both would have guaranteed a path to upgrade.

[@ExpDubaiMichaelMagee]

Thanks for your comment. Yes agreed, At least for most people. That said if you could of afforded to buy with the help of the bank of mum and dad for your deposit you would be able to move up the ladder. only by moving away from the area in which your current equity grew. The reality is actually getting on the housing ladder is very difficult without the help of rich parents. Once your on it moving up is possible but comes with challenges.