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How one in 79 Britons is now a MILLIONAIRE: Surging house prices increase number by 142,500 in just seven years

5 September 2017

Paul Cheshire, professor of economic geography and the London School of Economics, said: ‘The term “millionaire” has long been reserved for those considered to have extreme wealth. A distant aspiration that was unattainable for the vast majority of the UK. As house prices continue to climb, the million pound marker becomes less of a pipe dream for many of those nearing the top of the ladder.’

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