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It isn't a particularly high salary for an experienced developer here in London, but struggle is an exaggeration. The majority of people in the UK and even cent
by pledg 7y ago
It isn't a particularly high salary for an experienced developer here in London, but struggle is an exaggeration. The majority of people in the UK and even central London are paid less than this.
- chrisseaton 7y agoI doubt that’s true for professionals working in central London. Where would you live on that much money? You’ll spend your life and most of your money commuting!
- Joeboy 7y agoLive in Zone 3, spend maybe an hour and seven quid a day on the tube? London rents are outrageous, but not so outrageous you can't afford to live there on £50-57k.
- chrisseaton 7y agoYou’re supposed to not spend more than three times your salary on your house, according to most lenders. So that’s £150k. Are there many houses that cheap in Zone 3?
- pledg 7y agoNo, that's why a vast proportion of people can't afford to buy.
- deleted 7y ago[deleted]
- Joeboy 7y agoNo, you'd probably have to rent unless you can get a massive deposit from somewhere.
- lostlogin 7y agoThat 3x thing is laughable where I am in Auckland. I assume other places have it worse, unless their wages are much, much higher.
- vertex-four 7y agoThe limit is about 4.5x, and that’s on top of any deposit you have saved.
- pledg 7y agoThat's exactly what happens.