Obviously, this is all fairly frightening for most first-time buyers, but despite the fact that Lewisham has been playing catch-up with London's pricier boroughs, it is still among the most affordable parts of the capital, with £37,000 per annum just enough to get you a mortgage, assuming you have 20% deposit(!).
Despite this, Savills also shows that Lewisham has suffered a relatively sharp fall in home ownership among under 35s over the last decade or so. Presumably this is mostly because there were relatively few young buyers in many other parts of the capital already, so we had further to fall.
As a result, government policy needs to become less fixated on home ownership and look to substantially increase the supply of good quality rental accommodation.
Any Lewisham election candidate that does not have much to say about housing strategy is not worth voting for. #Lewisham2014