> £3,400 a month. Rent or a mortgage, council tax, energy and food will take the vast majority of that If we're talking a mortgage it won't take the majority o

> £3,400 a month. Rent or a mortgage, council tax, energy and food will take the vast majority of that If we're talking a mortgage it won't take the majority of that. Most people are paying no more than a couple of hundred in interest on their mortgage, many pay much less. The repayments aren't "taken", they are yours and are paying back the loan on the house. In other words, they are building wealth. It's rent and consumption driven by lifestyle inflation that traps people in a cycle of not building any wealth. Mortgages are for the wealth-building class and are therefore a good deal. So, yeah, earning £60k isn't what makes you middle class any more. It all depends on whether you own a house or not.