Following the publication of a recent blog article about ‘Generation Rent’ a local homeowner of Walsall contacted me. He said that he felt that the plight of our Walsall youngsters (first time buyers), was that like of a novice football player trying to bend it like Beckham! You’re in a minus game playing Beckham at his own game right? Play him a 100 times and you’re bound to lose 100 times!! There is no doubt that buy to let landlords have played a major role in driving up property values in Walsall (and the UK) and from that made housing a lot less affordable for the 20-30 somethings of Walsall.
Let us look at how affordable Walsall is. The best way to measure affordability is to measure Walsall property prices against Walsall average salary (the higher the ratio, the less affordable properties are). Looking at the table below, for example in 2014, the average value of a Walsall property was 5.95 times higher than the average annual wage in Walsall.
Walsall Property Blog 
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