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Precisely! And there is quite a lot of well prepared hardworking people in London that do not get £50k because they work in sectors were salaries are just appalling. That’s another crisis in the making, when teachers, care workers, nurses… can’t afford anything decent
frankohara-
Yeah I'm not entirely sure where we are all going to end up if we carry on this trajectory.
My only hope is house prices stay static for 10+ years and wages catch up.
And of course its not always been like this, my Uncle was offered a place in the Barbican when it first opened, as he was a civil servant, for £4500.
chrisbmx116
I can sympathise, especially as there is always a bit of secrecy around money in the UK.
From people I know, either...
National average income is 27k, London average is 47k, so you'd both need to be on 50K and have a 50-100K deposit to get a small terrace house in zone 3+.