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How rich are you?
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Author:  TheFrenchun [ Tue Mar 25, 2014 4:13 pm ]
Post subject:  How rich are you?

Telegraph : how rich are you?

I struggle to believe these figures to be honest :?

Author:  l3v1ck [ Tue Mar 25, 2014 6:47 pm ]
Post subject:  Re: How rich are you?

Between 4th and 5th.

Author:  hifidelity2 [ Tue Mar 25, 2014 7:07 pm ]
Post subject:  Re: How rich are you?

TheFrenchun wrote:
Telegraph : how rich are you?

I struggle to believe these figures to be honest :?

The problem is that is for the whole country and anyone in London / SE is going to be up near the top just because of the cost of housing

Author:  jonbwfc [ Tue Mar 25, 2014 7:13 pm ]
Post subject:  Re: How rich are you?

hifidelity2 wrote:
TheFrenchun wrote:
Telegraph : how rich are you?
I struggle to believe these figures to be honest :?

The problem is that is for the whole country and anyone in London / SE is going to be up near the top just because of the cost of housing

Unless you're a landlord, the cost of housing isn't going to contribute to your gross income is it?

I'm around the ninth decile.

Author:  jonlumb [ Tue Mar 25, 2014 11:19 pm ]
Post subject:  Re: How rich are you?

I think the point was more that salaries are so much higher due to cost of living etc.

Author:  rustybucket [ Wed Mar 26, 2014 5:14 am ]
Post subject:  Re: How rich are you?

Fourth decile here

Author:  jonlumb [ Wed Mar 26, 2014 6:54 am ]
Post subject:  Re: How rich are you?

Last one here. Would be 6th if I was still single and without small children.

Author:  TheFrenchun [ Wed Mar 26, 2014 9:39 am ]
Post subject:  Re: How rich are you?

How anyone below 6th decile would survive in London is beyond me. I am in 9th decile and I know that I couldn't afford not to live in a shared flat or have a car.
saying that, rental prices in outer London boroughs seems to be coming down marginally. Average seems to have dropped from £1250 a month to £1100 for a 1/2 bed flat.

Author:  finlay666 [ Wed Mar 26, 2014 1:03 pm ]
Post subject:  Re: How rich are you?

Well I am considerably higher than I thought, 8th decile with my gf, but we've got very low living costs compared to London (3 bed semi in a nice area is under £600 a month)

Author:  big_D [ Thu Mar 27, 2014 4:59 am ]
Post subject:  Re: How rich are you?

TheFrenchun wrote:
How anyone below 6th decile would survive in London is beyond me. I am in 9th decile and I know that I couldn't afford not to live in a shared flat or have a car.
saying that, rental prices in outer London boroughs seems to be coming down marginally. Average seems to have dropped from £1250 a month to £1100 for a 1/2 bed flat.

It was similar when I moved to Germany, I went from £1300 for a 49 SqM flat in Woking to £1100 for 98 SqM outside Munich to £275 for 110 SqM in Bramsche.

Author:  E. F. Benson [ Thu Mar 27, 2014 7:56 am ]
Post subject:  Re: How rich are you?

I am self employed, herself has a reasonable income, but we have a mortgage and associated bills which don't exactly make me feel comfortably well off. It's a rat race baby.

Author:  hifidelity2 [ Thu Mar 27, 2014 10:40 am ]
Post subject:  Re: How rich are you?

big_D wrote:
TheFrenchun wrote:
How anyone below 6th decile would survive in London is beyond me. I am in 9th decile and I know that I couldn't afford not to live in a shared flat or have a car.
saying that, rental prices in outer London boroughs seems to be coming down marginally. Average seems to have dropped from £1250 a month to £1100 for a 1/2 bed flat.

It was similar when I moved to Germany, I went from £1300 for a 49 SqM flat in Woking to £1100 for 98 SqM outside Munich to £275 for 110 SqM in Bramsche.

Same but the other way - when I lived in Sheffield I was on a lot lower salary but the house cost me £25K to buy - Now down in the SE on a good salary but the cost of the house..... :x

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