How much of your after-tax earnings goes on accommodation? Poll discussion

Former_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_2

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

passion8

B ...paid off this month! :beer:

Sigur_2

: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. :rolleyes: )

McSaver

A. I still live at home with mum

Coveredinbees!!!!

L'ish I think