David, I think you make a good point. The future for our kids in this area is bleak to say the least.

Look at the 2006 property stats:-

Average Cost: �184,924
Detached: �285,697
Semi-detached: �170,650
Terraced: �143,512
Flat: �174,052

Average UK salary is approx �23k p.a.

Look at the multiplier needed to borrow for even the lowest priced average house.

It needs 2 incomes and has all the consequences that come with that when couples want to become families.

Once Joe Average has bought his flat telly and paid �60/mth for his Sky subscription, he'll not be buying into any new format of disc unless it is priced to match....and by then, he'll be downloading it as he won't have to leave the comfort of the sofa to do so. The codes will be cracked and he'll be sharing it all with his mates.

Rgds,
Nick