House prices are 64 times higher since the first European Championship, a report from Nationwide reveals.
In a special football-related report, ahead of the Europe 2004 Championships, Nationwide reveals that house prices have risen 19% per year since Sven Goran became coach of the England team, while house prices are more than 2.5 times higher since Euro 1996.
Alex Bannister, Nationwide's group economist, says: “Much has happened to the housing market since the first European Championship was held back in 1960. Back in the sixties just over 45%, or around 8 million people, owned their own home and house prices had yet to become the nation's favourite topic of conversation.
“Since then, there was a revolution in home ownership; with the proportion of the population owning their own home rising to 53% in the 70s; 60% in the eighties; 68% in the 90s - and the proportion now tops 70%.”