Can’t afford to live

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  • Danday
    Danday Posts: 436 Forumite
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    lisyloo wrote: »
    Unlesss of course they have parents in the south offering them free rent.


    In general I agree with you, but I doubt the OP want to leave his parents (offering cheap/free rent), job and children


    There are reasons that people don't want to just upsticks and live where it's cheapest.
    A major factor is family ties.


    You want to tell that to a south coast politician. Blocks of low cost sea view flats to be redeveloped for sale and let. Current tenants given 2 weeks to find private rented otherwise off they go to Durham!!
  • paddedjohn
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    Your ex wrote your car off and you are paying?? Surely you were insured.
    Be Alert..........Britain needs lerts.
  • Ms_Chocaholic
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    Danday wrote: »
    You want to tell that to a south coast politician. Blocks of low cost sea view flats to be redeveloped for sale and let. Current tenants given 2 weeks to find private rented otherwise off they go to Durham!!




    Durham is an affluent city in the north east of England
    Thrifty Till 50 Then Spend Till the End
    You can please some of the people some of the time, all of the people some of the time, some of the people all of the time but you can never please all of the people all of the time
  • lisyloo
    lisyloo Posts: 29,615 Forumite
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    but as mortgages are available upto 5x income, an individual on a 145k salary could purchase a flat priced upto £725,000.


    Perhaps he has a family?
    Family sized accomodation isn't affordable within London, people need to commute.
  • lisyloo
    lisyloo Posts: 29,615 Forumite
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    Danday wrote: »
    You want to tell that to a south coast politician. Blocks of low cost sea view flats to be redeveloped for sale and let. Current tenants given 2 weeks to find private rented otherwise off they go to Durham!!


    Completely different context. It's not reasonable to expect to have everything you want if you expect the tax payer to fund you.
  • Tabbytabitha
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    Danday wrote: »
    Privately rented 1 bed flat - £600 a month??? Where on earth are you finding that from? In and around London for a part decent pad you would be looking at something approaching £1000 a month.
    £35 a week for food - £5 a day? More like £60 a week for a single person.
    I'm sorry but even by your own figures you are existing and certainly not living.

    Most professionals that I know work in the city but live in suburbs as they cannot afford to do otherwise. As an example my son in law (37), a lawyer, works in the city earns in excess of £145,000 a year can only afford to live and enjoy life by living 80 miles outside London.

    Have you only just joined MSE?:rotfl:
  • Autumn86
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    lisyloo wrote: »
    Perhaps he has a family?
    Family sized accomodation isn't affordable within London, people need to commute.


    Well my personal view is that you should only be allowed to start a family if you can actually afford to sustain & provide for them.

    However sadly England is broken and ruined beyond repair, and so for a huge chunk of the British population ''just having kids and then being supported by the benefits system'' is simply the standard normal way of life, and will never change.


    But even if someone had a wife and 3 kids, so needed a 4 bedroom house- There are literally tens of thousands of 4 bedroom houses available for purchase within the London region for below 3/4 of a million (£750,000).

    As 'London' isn't just the tiny district stretching from Oxford Circus to Bond Street,
    it stretches from Heathrow to Ilford, and Croydon upto Archway,
    and so whilst in the very central radius of London 4 bed houses may all cost more than 750k, in most of London they don't.
  • Danday
    Danday Posts: 436 Forumite
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    Durham is an affluent city in the north east of England
    I know it is and it also has plenty of low cost rental property.
  • Danday
    Danday Posts: 436 Forumite
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    Autumn86 wrote: »
    Well my personal view is that you should only be allowed to start a family if you can actually afford to sustain & provide for them.

    However sadly England is broken and ruined beyond repair, and so for a huge chunk of the British population ''just having kids and then being supported by the benefits system'' is simply the standard normal way of life, and will never change.


    But even if someone had a wife and 3 kids, so needed a 4 bedroom house- There are literally tens of thousands of 4 bedroom houses available for purchase within the London region for below 3/4 of a million (£750,000).

    As 'London' isn't just the tiny district stretching from Oxford Circus to Bond Street,
    it stretches from Heathrow to Ilford, and Croydon upto Archway,
    and so whilst in the very central radius of London 4 bed houses may all cost more than 750k, in most of London they don't.

    You have a point there. I just watched a recent recording of Jeremy Kyle and a young couple were on there - they met a few weeks ago and now live together, neither work, they have sex 10 times a day, and they are trying to start a family!!!
    Need I say more?

    I agree there are properties available, but my son in law chooses to have a full on lifestyle, expensive cars, clothes and holidays and live in a lovely 5 bed detached property with my daughter and two children well under an 1 hour by train away out of London. His property is currently valued at £460,000 which he bought about 6 years ago for £225,000.
  • tuesdayweld
    tuesdayweld Posts: 24 Forumite
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    Amazes me that anyone below the age of 40 could ever get an 'unlimited salary' as it were, to afford a mortgage or a home. Very few people earn £35-40'000 (tax free) annually - about a 30% rough estimated total UK poppulation. In stark contrast, as many as 52-60% earn between a minimum of £15'000-30'000 (before tax), whilst the remaining surplus earn anything up to a few billion!. A great many are in total debt within the £15'000-20'000 income bracket national statistics rarely ever include the 'marginalized' classes and individuals as a whole; mostly tax-payer unions and small/medium business owners, with a meagre 2574000' benefits claimants. Please note that there are a staggering 66 million total inhabitants in the UK. This works out to be something like 1 in every 5'000 are either unemployed,disabled or made redudant. :beer:

    Explanation for poverty:



    Developed countries are some of the least economically thriving places on earth and, surprisingly has very little to do with taxes and EU In-Out Brexit status, yet far more truthfully to do with a valid combined, decimation of exportable material and inhernet greed of major wealth. Population explosion only exaccerbates matters yet most definitely not the sole cause of widespread national poverty - lack of free vocational training and affordable living sit at the very heart of the misguided local councils that spend mindless amounts of funds on fruitless concrete-jungle building projects and veneers - they become !!!!less about their starving inhabitants.



    Ham salads and simple buffets are the thing of the past, not just the street parties that clubbed together to 'make do' - a war is overdue and also the possibility of a socialist revolution in a time where it is so necessary for social and political change - the very threat of state armies to subdue the masses at its highest peak, yet none of us dare take the challenge.:(
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