We're worth £100,000... every last one of us
It's not strictly a property story, but how we love these ridiculous figures. The latest, from the Office for National Statistics, confirm that we're worth one hundred grand each, not accounting for the fact that a whole bunch of us are more equal than others. Apparently, our wealth level rose 7% in 2004, bringing the total to £5.8 trillion (if you're American, somebody once told me that a US trillion is different to a UK one... but I guess it's all a drop in the ocean compared to your own bloated asset value). Actually, there's a property angle:
he report adds up a range of assets, including the value of buildings, roads and financial products. Housing continued to be the most valuable asset, worth £3.43 trillion - up 12 per cent on the previous year and making up 59 per cent of the country's total wealth.
More from the Independent, here.