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I'd edited my post as you replied. Agree, food generally costs more. Mortgage/rent, highly variable depending on where you live, house big enough etc and if a
by ricardo81 5y ago
I'd edited my post as you replied. Agree, food generally costs more.
Mortgage/rent, highly variable depending on where you live, house big enough etc and if a mortgage, how many years are you able to spread it over.
Most UK homes are heated by gas. My recent bill went up 50% to £1500/y. Is expected to increase by 50% again this year.
- jonathanstrange 5y agoI see, that makes more sense than your original post. I don't know about mortgage but rents should also be much higher than gas costs nearly everywhere. High rents combined with inadequate salaries seem to be the biggest problem in most industrialized countries.
- ricardo81 5y agoThe thing with mortgages (and rents) is they're highly variable across the country, I'm in one of the lowest paid regions of the UK and a town nearby can have 2-bedroom houses going for £60K. That could amount to ~£150/m repayments over 40 years. The same house in South East England may go for quadruple that. Gas is also one of the main sources of electricity generation here. Energy has by far outstripped inflation here over the past year.