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[MSE Lawrence]

POLL NOW CLOSED - RESULT AND DISCUSSION BELOW

Poll started 12 May 2008:

What percentage of your after-tax earnings does your rent or mortgage account for?

A. I’ve got free accommodation. 3% (265 votes)
B. I’ve paid off my mortgage. 12% (1237 votes)
C. Rent: 0% to 10%. 1% (142 votes)
D. Rent: 11% to 20%. 4% (357 votes)
E. Rent: 21% to 30%. 9% (926 votes)
F. Rent: 31% to 40%. 8% (760 votes)
G. Rent: 41% to 50%. 5% (508 votes)
H. Rent: 51% to 75%. 3% (345 votes)
I. Rent: 76% to 100%. 1% (67 votes)
J. Mortgage: 0% to 10%. 2% (249 votes)
K. Mortgage: 11% to 20%. 6% (585 votes)
L. Mortgage: 21% to 30%. 15% (1474 votes)
M. Mortgage: 31% to 40%. 12% (1230 votes)
N. Mortgage: 41% to 50%. 9% (889 votes)
O. Mortgage: 51% to 75%. 7% (714 votes)
P. Mortgage: 76% to 100%. 3% (269 votes)

Total Votes: 10017

[nettles]

I am renting (HA) and its about 35%. If I was to rent privately it would jump to just under 80%, therefore I would not be able to work, because I would be homeless!

[lilac_lady]

B...........

[Sigur]

C.........................

[passion8]

B ...paid off this month!

[Sigur]

:t:t:t


........................

[Bargain Rzl]

I can't vote in the poll as it does not account for my circumstances - I live in a shared ownership property.

Mortgage = 15.5% of salary
Rent = 11.7% of salary
Service charge (not worth excluding this as it's part of my essential accommodation costs) = 4.2% of salary

Total 31.4%.

[mcgazz]

M/N (I'm basing that on half the joint mortgage).

[obsessed_saver]

D........................................

(Now I know why people above had to put the full stops in. )

[McSaver]

A. I still live at home with mum

[Coveredinbees!!!!]

L'ish I think

[bloggie]

I'm 'H', even though I'm also in shared ownership. It's a struggle, not exactly the affordable housing it is supposed to be. but at least I'm better off than I could be as to rent the same flat privately would be double (eek). it's only a very small one bed too.

I really don't know where the figures this government publishes (makes up) come from as I don't know anyone who pays much less than me in London.

[marklgvickery]

Looks like we are in 'L'

We bought our house in 2002 just before prices started going nuts. We would not afford it now.

Not too worried about the house price crash talk as we own over 50% of it in current terms, although that may change if they wipe off some of it.

It's all the other bills that annoy me: council tax, energy bills, bank charges etc. But Martin takes care of most of those for me.

[Phirefly]

Thanks for this poll, I'd never have done the sum otherwise and I'm somewhat surprised and pleased to see its coming in at around the 10% mark. Thats only my half of the mortgage though...

[theaton56]

I , thank god the missus works !

[*Louise*]

Option K

20% of take home pay goes on the mortgage

[gjs1701]

O.

Roughly 50%.

[Masie]

I'm stunned at these results, I really thought everyone spent at least half their take home on housing. Not sure whether to feel envious or poor!

[fudge7000]

N... and near the top end unfortunately!! (although better than before my pay rise when i was in the P category!!

[t_fairy]

I rent privately in London (Zone 4) and my rent is approx 60% of my annual salary after tax, with council tax this get pushed up to roughly to 70%.
After I have paid for my travel to work, because I can't afford to live any closer to the city, I am left with pittance!