scraping by on £120k

[scooterscot]

£120k is not that much today. Problem is people are thinking in 1990 prices and getting giddy at the thought of so much money. But it's not really.

Today an average house in London is £400k. So 3.5 x £120k and still it's out of reach by 1990 standard of acceptable borrowing levels.

Still London is miles cheaper than Munich. A 3-bed flat near me is going for €2.4 million euro.

[vetran]

£120k is not that much today. Problem is people are thinking in 1990 prices and getting giddy at the thought of so much money. But it's not really.

Today an average house in London is £400k. So 3.5 x £120k and still it's out of reach by 1990 standard of acceptable borrowing levels.

Still London is miles cheaper than Munich. A 3-bed flat near me is going for €2.4 million euro.

£120k puts you firmly in the top 5% for individual earnings.

most London houses are being paid for out of paper profits or overseas cash. I'm hoping it crashes soon.

[SueEllen]

£120k is not that much today. Problem is people are thinking in 1990 prices and getting giddy at the thought of so much money. But it's not really.

Today an average house in London is £400k. So 3.5 x £120k and still it's out of reach by 1990 standard of acceptable borrowing levels.

Still London is miles cheaper than Munich. A 3-bed flat near me is going for €2.4 million euro.

Westminster isn't.

London is a supercity Munich isn't so prices vary across London. In the £400K average price are places like Illford which bring the average down.

[scooterscot]

London is a supercity Munich isn't .

I know, and I like it that way. More fresh air.

[darmstadt]

Still London is miles cheaper than Munich. A 3-bed flat near me is going for €2.4 million euro.

Although Munich is quite nice, its still full of pig ******* right wing Bavarian *******

[scooterscot]

Although Munich is quite nice, its still full of pig ******* right wing Bavarian *******

nice people then?

[Zero Liability]

well maybe if you can only get a minimum wage job you shouldnot squirt out sprogs you cannot afford...

just sayin loike

Someone had to!

[OwlHoot]

INKSPE.

Um

"I n?ver kn?w suc? pove?ty exi?ted"

Nearly got it, but am totally stumped on the last couple of words

[darmstadt]

nice people then?

Yep, I remember a few years ago that they wanted to set up special 'camps' for AIDS sufferers and they used to check foreigners passports on the trains when they crossed the Bavarian state border. Very nice people

[BrilloPad]

I know, and I like it that way.

We like it that way too.