House prices have nearly tripled in two decades
The Times says house prices have nearly tripled in the past twenty years, making up for any value homeowners may have lost during the global financial crisis.
The average home in Britain is now worth £163,700 more — £106,800 once adjusted for inflation — than it was in 2001, according to research from Zoopla.
Buyers who bought their home before the financial crash saw a dip in its value between 2008 and 2012, but these losses have been offset by strong price growth since 2013.
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