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Staggeringly and depressingly high.
I was at a wedding a few years ago, and I was surprised at the deliriously ecstactic reponse from the lady I was talking to when she was offered a lift home. It turned out she'd be saving for the last two months just to be able to afford the cab fare home from the wedding. The taxi fare would've been about 30 quid.
I'd just been telling her, at length, about the Porsche I'd bought myself as a wee treat/reward for having paid off my mortgage. I did a fair bit of privilege-checking that night.
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Just wondering, is that comparable to your peer group?
In our case, we are still saving up for a house and pension pot and we have nothing to complain about, but probably have to "wage slaves" until pension age and forget about buying a new car now and when house is paid off. And that is worse than my colleagues due to me losing a house due to negative equity and my partner having been laid off before twice.
But...where I live in Belfast, having a house in a decent area with a car that's not a banger is perfectly normal. 2 miles down and you are in poverty and FLEGS territory, half a mile up and it is KERCHING territory, but that is a tiny patch compared to the flegs/council houses/normal middle class (not England TV middle class) housing.
An expensive house and 2 cars, that's already for the definitely better off. My parents always had used cars and a 3 bed semi with converted garage in a cheaper area of The Netherlands.
TL:DR not complaining but just wondering. And how is the Porsche? Was it worth it? :)
High.
So many people live hand-to-mouth or paycheck-to-paycheck.